Chart EUR/CHF Update: Consolidating at .8265/50 support, room for lower later
1
Steadied at the .8265/.8250 area and channel support from the March current year low
Level
Comment
Level
Comment
R4
0.9445/50
**
Aug 2025 high, congestion
S1
0.9265
**
Mar/Apr highs
R3
0.9400
*
congestion
S2
0.9250
*
congestion
R2
0.9375
**
congestion, 24 Sep low
S3
0.9200
*
congestion
R1
0.9350
congestion
S4
0.9177
*
Jul low
Asterisk denotes strength of level
07:20 GMT - Steadied at the .8265/.8250 area and channel support from the March current year low as prices consolidate sharp losses from the .9485, September YTD high. Bounce see prices unwinding stretched intraday studies but this is expected to give way to renewed selling pressure. Break of the .8265/.8250 support will see room for deeper pullback to .9200 congestion and .9177, July low. Meanwhile, resistance at the .9350/.9375 congestion area is expected to cap corrective bounce and sustain losses from the September high.