EUR/USD and USD/CHF Forecasts Signal Mixed Momentum
The EUR/USD pair extended its consolidation above 1.1323 last week, keeping the bias neutral. A support level at 1.1499 has turned into resistance; a break below 1.1323 could trigger a decline toward the 61.8% retracement near 1.0904. A rebound from 1.1353 toward the 1.1621 resistance and a long‑term focus around the 1.2000 psychological level are also highlighted.
USD/CHF pulled back after failing to maintain a breakout above the 0.8150 resistance. The pair stays above the psychological 0.8000 mark and key moving averages, but momentum indicators point to a weakening rally, suggesting further downside pressure.