EUR/CHF remains under sustained bearish pressure across higher time frames. On the weekly chart, multiple rejections from dynamic resistance confirm continued downside momentum.
The daily chart reinforces this bias, as price failed to close above the weekly central pivot and key Fibonacci resistance zones. On the 4-hour timeframe, the pair continues to trade below key moving averages, maintaining a clear short-term downtrend.
Institutional positioning also aligns with the bearish view. Additionally, several high-impact events for both the euro and Swiss franc are scheduled for tomorrow morning, which could provide further volatility.
The daily chart reinforces this bias, as price failed to close above the weekly central pivot and key Fibonacci resistance zones. On the 4-hour timeframe, the pair continues to trade below key moving averages, maintaining a clear short-term downtrend.
Institutional positioning also aligns with the bearish view. Additionally, several high-impact events for both the euro and Swiss franc are scheduled for tomorrow morning, which could provide further volatility.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.