Published: 2025-12-17T11:45:47.000Z
Chart EUR/CHF Update: Leaning lower
1
Consolidation above 0.9350 has given way to a pullback to congestion support at 0.9325
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9445/50~ | ** | Apr-Aug range high | S1 | 0.9325 | congestion | ||
| R3 | 0.9395/00 | ** | 8 Dec (w) high; break level | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9375 | break level | S3 | 0.9275 | 21 Nov low | |||
| R1 | 0.9350 | ** | congestion | S4 | 0.9210/12 | ** | Apr-Oct lows |
Asterisk denotes strength of level
10:50 GMT - Consolidation above 0.9350 has given way to a pullback to congestion support at 0.9325, before bouncing back into consolidation beneath 0.9350. Daily readings are under pressure, highlighting room for further losses in the coming sessions. A break below 0.9325 will open up further congestion around 0.9300, where mixed/positive weekly charts are expected to prompt renewed consolidation. Meanwhile, a close above 0.9350, if seen, will help to stabilise price action and give way to consolidation beneath 0.9375.