Published: 2026-05-06T10:13:45.000Z
Chart EUR/CHF Update: Limited tests higher
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Cautious trade within the 0.9150 - 0.9160 support range is giving way to a push higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9160 | ** | 38.2% ret, 22 Apr (w) low | ||
| R3 | 0.9225 | break level | S2 | 0.9150 | ** | congestion | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9125 | ** | 50% ret of March rally | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9100 | ** | congestion |
Asterisk denotes strength of level
10:45 BST - Cautious trade within the 0.9150 - 0.9160 support range is giving way to a push higher, as intraday studies turn up and oversold daily stochastics flatten, with focus turning to congestion resistance at 0.9180. A test cannot be ruled out. But the bearish daily Tension Indicator and mixed weekly readings should limit any immediate break in renewed selling interest towards 0.9200. Meanwhile, a close below congestion support at 0.9150, not yet seen, will add weight to sentiment and extend late-March losses towards the 0.9125 Fibonacci retracement.