Intraday bias in EUR/CHF is turned neutral first with current retreat. Some consolidations would be seen below 0.9408 temporary top. But further rally is expected as long as 0.9326 support holds. Above 0.9408 will extend larger rise to 138.2% projection of 0.8979 to 0.9264 from 0.9094 at 0.9488.
In the bigger picture, the break of 0.9394 resistance solidify the case that rise from 0.8979 medium term 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, in case of pullbacks.
