EUR/CHF forms higher trough, signaling easing downward momentum – Société Générale
|EUR/CHF has established a higher trough near 0.9270 and is challenging the 200‑DMA and multi-year descending trendline. A successful break above 0.9400 could trigger further gains toward 0.9445–0.9485, Société Générale's FX analysts note.
Break above 0.9400 could unlock gains toward 0.9485
"EUR/CHF recently formed a higher trough near 0.9270 compared with the November low at 0.9170, indicating receding downward momentum. The pair is now challenging the 200‑DMA, which has capped several rebound attempts throughout 2025. It is also approaching a multi‑year descending trendline resistance near 0.9365/0.9400."
"It will be important to observe whether EUR/CHF can establish itself above this resistance zone. A breakout beyond 0.9400 could lead to an extended rebound towards the August 2025 peak of 0.9445 and projections near 0.9485. Defence of the recent trough at 0.9270 is crucial for persistence in bounce."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.