Published: 2025-07-23T10:28:48.000Z
Chart EUR/CHF Update: Leaning lower
Senior Technical Strategist
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Little change, as prices extend cautious trade above congestion support at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9490/00 | ** | 61.8% ret; congestion | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9435 | * | 50% ret of Mar-Apr fall | S2 | 0.9260 | break level | ||
| R2 | 0.9400 | * | congestion | S3 | 0.9212 | ** | 11 Apr YTD low | |
| R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; Nov 2024 (y) low |
Asterisk denotes strength of level
10:55 BST - Little change, as prices extend cautious trade above congestion support at 0.9300. Intraday studies are turning down and daily readings are coming under pressure, highlighting room for fresh losses in the coming sessions. A break below 0.9300 will open up 0.9260, with further selling interest extending April losses towards strong support at the 0.9212 current year low of 11 April and 0.922/02. Meanwhile, resistance remains up to congestion around 0.9350 and should cap any immediate tests higher.