Our pivot point is at 0.9408. Our preference: the downside prevails as long as 0.9408 is resistance Alternative scenario: above 0.9408, look for 0.9427 and 0.9438. Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.9409 and 0.9420). Finally, the EUR/CHF is trading below its lower Bollinger band (standing at 0.9392). Supports and resistances: 0.9438 ** 0.9427 * 0.9408 ** 0.9401 0.9391 last 0.9367 0.9356 ** 0.9345 * 0.9334 ** Written on 02-22-2025 at 00:15 UTC+1 Price reference: 0.9391 last known on 02-22-2025 at 00:15 UTC+1 Investment horizon: INTRADAY