CHF Under Pressure in Risk-On MarketSWISS FRANC / THAI BAHTFX_IDC:CHFTHBYES_GroupMarket Analysis: The Swiss Franc faces slight downward pressure against riskier currencies as global investors remain in a Risk-On mindset, comforted by fading geopolitical anxieties. Meanwhile, the market continues to process the Swiss National Bank’s (SNB) decision to keep interest rates unchanged at 0.00% as expected. Should global growth worries resurface or risk assets see a sell-off, CHF could quickly catch a bid on renewed safe-haven flows. Technical Outlook: The long-term 4H trend remains bearish, but the pair has carved out a short-term bounce, holding consistently above the EMA lines. The MACD has completed a bullish crossover, confirming a drop-off in selling momentum alongside a return of buyers. A clean breakout above the 40.78 resistance level points to a likely continuation toward the next target at 40.81. If the Thai stock market moves lower in the afternoon, it may amplify the upward move for CHFTHB. Risk Factor: Because the primary trend is firmly down, this move looks like a technical rebound for now. Failure to pierce 40.78 could trigger a fallback to test the 40.68 support level. Additionally, an afternoon rally in Thai stocks would bolster the Baht and cap CHFTHB’s recovery. Support Level : 40.68 Target : 40.78 – 40.81 Stop Loss : 40.67