The EUR/CHF currency pair has fallen below its 2024 lows and the October threshold, reflecting a significant shift in market sentiment. After encountering resistance at the 0.93 trend-line, bearish momentum has intensified, prompting analysts at Société Générale to forecast a potential decline toward key support levels around 0.9170/0.9160 and possibly reaching 0.9100.
As traders respond to these developments, the exchange rate's downward trajectory underscores the persistent pressures facing the euro against the Swiss franc. This movement highlights the broader challenges in the forex market, where fluctuations in economic indicators and geopolitical events continue to influence currency valuations. The ongoing downtrend could have implications for trading strategies as market participants brace for further volatility in this pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-14 11:16
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.