Published: 2026-09-11T10:03:16.000Z
Chart EUR/CHF Update: Fresh year highs in CHF-driven trade
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Cautious trade has given way to (CHF-driven) anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9550 | * | congestion | S1 | 0.9400 | * | congestion | |
| R3 | 0.9500 | * | congestion | S2 | 0.9375 | congestion | ||
| R2 | 0.9455 | * | 50% ret of 2024-2026 fall | S3 | 0.9350 | * | break level | |
| R1 | 0.9435 | * | 2 Sep (w) high | S4 | 0.9300/07 | ** | cong; 19-20 Aug (w) low |
Asterisk denotes strength of level
10:50 BST - Cautious trade has given way to (CHF-driven) anticipated gains, with prices currently posting fresh year highs within critical resistance at the 0.9435 weekly high of 2 September and the 0.9455 Fibonacci retracement. Daily readings are rising and broader weekly charts are improving, highlighting room for further gains in the coming sessions. A close above 0.9455 will improve sentiment and extend gains from the 0.8980 current year low of 9 March towards congestion around 0.9500.
Meanwhile, support remains at congestion around 0.9400. A close beneath here, if seen, should give way to fresh consolidation above 0.9350.