The euro-franc pair fell during the Asian trading period on Friday for the fourth day in a row, in light of negative data from the eurozone.

Today, the annual Consumer Price Index inflation data was released from Switzerland, which came as expected at 1.3% unchanged, while the monthly data fell from 0.0% to -0.2% last July.

Technically:

the euro-franc pair completed the harmonic Gartley pattern on the daily frame, Trying to bounce from the initial bounce levels at 0.9400.

The levels of 0.9330/50 are considered the second retracement zones, which we have areas to retest the levels of the broken down downtrend and also the presence of demand zones from these levels can help the pair rebound to target the levels of 0.9480 as the initial target and then the levels of 0.9580 as the second target near the upper limit of the ascending wedge.

This scenario fails by breaking the 0.9255 levels down.