Published: 2025-10-20T11:10:49.000Z
Chart EUR/CHF Update: Consolidating - studies under pressure
1
Little change, as prices extend choppy trade beneath resistance at 0.9260
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
11:40 BST - Little change, as prices extend choppy trade beneath resistance at 0.9260. Both daily and weekly charts are negative, 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.