EUR/CHF has seen a remarkable rebound from its 2024 lows, ascending sharply from the 0.9210 support level. The currency pair has successfully reclaimed its 200-day moving average, indicating a stronger bullish momentum as it approaches a significant trendline near the 0.9400 mark. Analysts at Société Générale highlight that the recent price action suggests renewed confidence among traders.
As EUR/CHF continues to gain ground, attention shifts to the key resistance zone between 0.9445 and 0.9500. This critical range could pose a challenge for buyers as they aim to sustain the upward trajectory. The movement in the exchange rate reflects broader market dynamics, influenced by shifts in sentiment toward the euro and Swiss franc amid ongoing economic developments in Europe.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 09:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.