Intraday bias in EUR/CHF is turned neutral first with current retreat. While further rise cannot be ruled out, strong resistance could be seen from 0.9258 cluster resistance (38.2% retracement of 0.9485 to 0.9122 at 0.9261) to limit upside. On the downside, below 0.9183 minor support will bring retest of 0.9122 low.
In the bigger picture, current development suggests that rise from 0.8979 has completed as a three wave corrective move at 0.9485. Medium term bearishness is revived and larger down trend from 0.9928 (2024 high) is likely still in progress. Break of 0.8979 low is in favor at a later stage.
 to limit upside. On the downside, below 0.9183 minor support will bring retest of 0.9122 low.){kind=link}