Intraday bias in EUR/CHF is turned neutral first with current recovery and break of 0.9420 resistance. Still, price actions from 0.9478 are seen as correcting the whole rise from 0.9094. Another fall could still be seen before the pattern completes. Below 0.9371 will target 38.2% retracement of 0.9094 to 0.9478 at 0.9331. Firm break of 0.9478, though, will confirm resumption of whole rally from 0.8979.
In the bigger picture, rise from 0.8979 medium term bottom is at least reversing the fall from 0.9928 (2024 high), with prospect of developing into a medium term up trend. Further rally should be seen to 0.9660 resistance next. This will remain the favored case as long as 0.9264 resistance turned support holds.
