EUR/CHF Breaks Above 0.9234, Eyes 0.9264 Retest

EUR/CHF has turned short-term bullish after decisively breaking the 0.9234 resistance on June 19, reopening the path to a retest of 0.9264 and the 0.9379 measured-move target. The move follows the June 4 breakout above 0.9169 that ended the corrective decline from 0.9264 at the 0.9094 low. Despite the near-term upside momentum, the broader downtrend from the 2024 high at 0.9928 remains intact while price stays below 0.9394. Repeated rejections at the 55-week EMA near 0.9252 continue to limit medium-term recovery prospects.