Published: 2026-05-11T10:08:19.000Z
Chart EUR/CHF Update: Limited tests higher
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The test below congestion support at 0.9150 has bounced from 0.9140
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9150 | ** | congestion | ||
| R3 | 0.9225 | break level | S2 | 0.9125 | ** | 50% ret of March rally | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9100 | ** | congestion | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9090 | ** | 61.8% ret of March rally |
Asterisk denotes strength of level
10:45 BST - The test below congestion support at 0.9150 has bounced from 0.9140, as intraday studies and oversold daily stochastics turn higher, with prices currently trading around 0.9165. Focus is on congestion resistance at 0.9180. But the bearish daily Tension Indicator and mixed/negative weekly charts should limit any immediate break above here in renewed selling interest towards 0.9200. Following corrective trade, fresh losses are looked for. A later close back below 0.9150 will add weight to sentiment and extend late-March losses towards the 0.9125 Fibonacci retracement.