Published: 2025-08-26T09:49:52.000Z
Chart EUR/CHF Update: Choppy in range - limited tests higher
Senior Technical Strategist
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Little change, as prices extend choppy trade within the 0.9350-0.9400 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9500 | * | congestion | S1 | 0.9350 | ** | congestion | |
| R3 | 0.9490/00 | ** | 61.8% ret; congestion | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9435 | * | 50% ret of Mar-Apr fall | S3 | 0.9260 | break level | ||
| R1 | 0.9400 | ** | congestion | S4 | 0.9212 | ** | 11 Apr YTD low |
Asterisk denotes strength of level
10:25 BST - Little change, as prices extend choppy trade within the 0.9350-0.9400 range. Intraday studies are rising, suggesting potential for a test of congestion resistance at 0.9400. Just higher is critical resistance at the 0.9435 Fibonacci retracement. But negative daily readings and deteriorating weekly charts should limit any tests of this range in renewed selling interest. In the coming sessions, further cautious trade is looked for, with support at congestion around 0.9350. A later break will open up 0.9300. But already oversold daily stochastics are expected to prompt fresh buying interest towards here.