Published: 2025-10-17T10:33:39.000Z
Chart EUR/CHF Update: Lower in CHF-driven trade
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Choppy trade above 0.9260 has given way to the anticipated break
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9350 | ** | congestion | S1 | 0.9220~ | intraday low | ||
| R3 | 0.9330 | 10 Oct high | S2 | 0.9212 | ** | 11 Apr YTD low | ||
| R2 | 0.9300 | ** | congestion | S3 | 0.9200/02 | ** | figure; 18 Nov (y) low | |
| R1 | 0.9260 | break level | S4 | 0.9150 | figure |
Asterisk denotes strength of level
10:55 BST - Choppy trade above 0.9260 has given way to the anticipated break, as intraday studies track lower, with prices reaching 0.9220~ in CHF-driven trade before stabilising. Both daily and weekly charts are negative, however, highlighting a bearish tone and room for deeper losses in the coming sessions. Critical support is at 0.9200/02 - 0.9212. A close beneath here would add weight to sentiment and extend long-term bear trends towards 0.9150. Meanwhile, a close back above 0.9260, if seen, would help to stabilise price action and prompt consolidation beneath congestion around 0.9300.