The 50-period EMA serves as a short-term trend filter, while RSI (14) measures momentum. A rejection near resistance, with price remaining below the EMA and RSI holding beneath 50, would strengthen the bearish scenario.
A confirmed short entry around 0.9175 CHF could target 0.9135 CHF and subsequently 0.9095 CHF. The protective Stop Loss is positioned at 0.9205 CHF. Stronger Swiss inflation supports the franc, although a sustained recovery above resistance would weaken the setup.