Chartbook: Chart EUR/CHF: Potential for a minor bounce from fresh lows, before long-term bear trends resume

The test of congestion around 0.9400 has given way to steady selling interest,

with prices breaking below previous support around 0.9200 to post fresh all-time lows around 0.9000.

The monthly Tension Indicator has turned down and monthly stochastics are also under pressure, highlighting a deterioration in sentiment and room for still deeper losses into 2026 Q2.

A close below 0.9000 will add weight to sentiment and extend long-term bear trends towards psychological support at 0.8500.

Deteriorating longer-term readings highlight room for still further losses into the subsequent months.

Meanwhile, resistance is lowered to 0.9200.

Unwinding oversold weekly stochastics suggest room for a test of here, before further losses unfold.

But the negative weekly Tension Indicator should limit any tests in renewed selling interest.

A close above 0.9200, if seen, would help stabilise price action and prompt renewed consolidation beneath further congestion around 0.9400 and the 0.9445 high of August 2025.

Still further continuation would improve sentiment and confirm a significant low in place, as prices then enter a more sustainable rally.