FX.co ★ EUR/CHF

As of today, the EUR/CHF currency pair continues to move within a descending channel, which indicates that sellers still maintain control. After an attempt to stay below the 0.9180 level, a pullback began. I expect that in the near future the price of the pair will move roughly in the range between 0.9180 and 0.92. At the moment, the 0.9180 level is the nearest support; if the price manages to break below this level, it may become one of the first signals that a move toward 0.9150 is likely to begin, although a pullback may also occur. However, it is important to note that the price is currently above this point, so the priority movement remains bearish.