Published: 2026-05-20T10:00:20.000Z
Chart EUR/CHF Update: Edging higher
2
Cautious trade has given way to the anticipated push higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | * | congestion | S1 | 0.9150 | ** | congestion | |
| R3 | 0.9225 | break level | S2 | 0.9133 | * | 18 May low | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9125 | ** | 50% ret of March rally | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9100 | ** | congestion |
Asterisk denotes strength of level
10:35 BST - Cautious trade has given way to the anticipated push higher, with prices currently balanced around 0.9160. Intraday studies are mixed/positive and daily readings are rising, highlighting room for further strength in the coming sessions. However, mixed weekly charts should limit initial scope in renewed selling interest/consolidation towards congestion resistance at 0.9180. Meanwhile, support is raised to congestion around 0.9150 and extends to the 0.9133 low of 18 May. This range should underpin any immediate setbacks.