EUR/CHF Timeframe H4 
Based on the daily chart of EUR/CHF, the current price movement shows a recovery phase after experiencing significant bearish pressure from January to early March. Analysis using the 100 Moving Average (blue line), 200 Moving Average (red line), as well as horizontal support and resistance levels provide an overview that this currency pair is currently in a crucial area that could determine the next trend direction. Overall, the long-term trend still tends to be neutral to bearish. This can be seen from the position of the MA 200 which is still above the price and moving relatively downward. The MA 200 is an indicator commonly used to identify the main trend direction, so as long as the price has not been able to break through and stay above that line, the dominance of sellers has not completely disappeared. Currently, the price is moving around the 0.9230 area and is testing the zone close to the MA 200 in the range of 0.9240–0.9250. This area has been an important barrier that has resisted price increases several times since early April. Meanwhile, the MA 100 around the 0.9160 level shows a more constructive condition in the medium term. The price is currently above the MA 100 and the line is starting to move flat to slightly upward. This condition indicates that medium-term bullish momentum is starting to form. The increase since late May shows a strong buying interest after the price successfully maintained a key support around 0.9100–0.9120. As long as the price remains above the MA 100, the opportunity to continue strengthening remains open. In terms of horizontal support and resistance, there are several levels with high technical significance. The nearest support is in the 0.9156 area close to the position of the MA 100. This level is the first boundary that buyers must maintain. If a correction occurs and the price stays above that area, then the upward structure formed since late May is still considered valid. Below it, there is the next support at the 0.9096 level which previously acted as the price movement base during May. A breakthrough below this area has the potential to change sentiment to more bearish and open up room for a decline towards lower support around 0.9051. On the upside, the main resistance is at the 0.9250 area which is currently close to the MA 200. The presence of two technical factors at the same level makes this area a very strong barrier. A valid breakthrough above 0.9250 will be an important signal that long-term selling pressure is starting to weaken. If that happens, the next target for an increase is at the 0.9288 resistance, which is the previous price peak. If the bullish momentum continues and the price manages to break above that area, the opportunity for strengthening towards the major resistance around 0.9348 will increase. It should be noted that the last few candlesticks show the price moving in a consolidation pattern just below the main resistance. This phenomenon often indicates an accumulation process before a larger movement occurs. As long as the selling pressure cannot push the price back below the MA 100, the chances of a breakout above are relatively higher than the risk of a deep decline. However, traders still need to be cautious of the possibility of a false breakout considering the MA 200 still acts as a barrier that has not been convincingly broken. From a technical perspective overall, EUR/CHF is currently in a transition phase from bearish to neutral conditions. The price has shown the ability to form higher lows since the March low point, while staying above the MA 100 indicates an improvement in medium-term momentum. However, a stronger confirmation of a trend change will only occur if the price successfully breaks through and stays above the 0.9250 area and MA 200. Until these conditions are met, the movement of EUR/CHF still has the potential to move within a consolidation range between support at 0.9156 and resistance at 0.9250. Therefore, the main focus of market participants in the coming sessions will be on the price's ability to break above that resistance, as its success could trigger the formation of a stronger bullish trend towards the 0.9288 to 0.9348 area.
