Published: 2026-07-29T10:34:13.000Z
Chart EUR/CHF Update: Higher in CHF-driven trade
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Cautious trade has given way to a fresh push higher in CHF-driven trade
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9455 | ** | 18 Aug 2025 (m) high | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9395 | ** | 8 Dec (m) high | S2 | 0.9267 | ** | 31 Mar (m) high | |
| R2 | 0.9368 | 16 Dec (w) high | S3 | 0.9230 | congestion | |||
| R1 | 0.9350 | * | break level, 14 Jan YTD high | S4 | 0.9200 | ** | break level |
Asterisk denotes strength of level
10:40 BST - Cautious trade has given way to a fresh push higher in CHF-driven trade, with March gains extending towards strong resistance at 0.9350. Intraday studies are mixed and daily stochastics are flat in overbought areas, suggesting any immediate tests could be limited in consolidation. However, the rising daily Tension Indicator and positive weekly charts point to a later break and continuation of March gains towards the 0.9395 monthly high of 8 December. Meanwhile, support remains at congestion around 0.9300 and should underpin any immediate setbacks.