Published: 2025-07-22T09:57:38.000Z
Chart EUR/CHF Update: Consolidating
Senior Technical Strategist
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Still 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
10:45 BST - Still little change, as prices extend cautious trade above congestion support at 0.9300. Daily readings are rising, highlighting room for a move higher towards congestion resistance at 0.9350. But negative weekly charts should limit any break in renewed selling interest beneath further congestion around 0.9400. Meanwhile, support at 0.9300 should underpin any immediate setbacks.