FXStreet reports that фnalysts at Credit Suisse still see scope for EUR/CHF's move to the 2021 downtrend at 1.0925.

“The recent break above the 1.0847 point confirmed a large base to suggest that the medium-term downtrend may have come to an end, with daily MACD also firmly in bullish territory now.”

“We expect further short-term strength, with the medium-term downtrend at 1.0925 the next level to watch, above which would confirm the medium-term downtrend is indeed over.” 

“Support stays at the 1.0847/44 breakout point, which ideally holds into the close to maintain a high level of confidence in the base."