Intraday bias in EUR/CHF is turned neutral with current recovery. Some consolidations would be seen but risk will stay on the downside as long as 0.9367 resistance holds. Below 0.9224 will extend the decline from 0.9485 to 61.8% retracement of 0.8979 to 0.9485 at 0.9172.
In the bigger picture, immediate focus is now on 0.9264 resistance turned support. Sustained break there will argue that rise from 0.8979 might have complete as a three wave corrective move at 0.9485. That will revive medium term bearishness that larger down trend from 0.9928 (2024 high) is still incomplete. Retest of 0.8979 low should be seen next.
