Published: 2025-11-03T10:58:38.000Z
Chart EUR/CHF Update: Pushing higher
1
Choppy trade has given way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9373 | * | 1 Oct (w) high | S1 | 0.9250 | break level | ||
| R3 | 0.9350 | ** | congestion | S2 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R2 | 0.9330 | congestion | S3 | 0.9200/02 | ** | figure; 18 Nov (y) low | ||
| R1 | 0.9300 | ** | congestion | S4 | 0.9150 | figure |
Asterisk denotes strength of level
10:45 GMT - Choppy trade has given way to anticipated gains, with prices currently pressuring congestion resistance at 0.9300. Daily readings are rising and oversold weekly stochastics are unwinding, highlighting room for a break above here. But the flat weekly Tension Indicator is expected to limit scope in renewed selling interest/consolidation beneath congestion resistance within the 0.9330/50 range. Meanwhile, support remains down to the 0.9250 break level, and should underpin any immediate setbacks.