Published: 2025-12-04T11:23:54.000Z
Chart EUR/CHF Update: Further consolidation - background studies rising
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Still little change, as mixed intraday and daily studies keep near-term sentiment cautious and extend consolidation beneath congestion resistance at 0.9350
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9450~ | ** | Apr-Aug range high | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9400 | ** | break level | S2 | 0.9250 | break level | ||
| R2 | 0.9373 | ** | 1 Oct (m) high | S3 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; 18 Nov 2024 (y) low |
Asterisk denotes strength of level
11:00 GMT - Still little change, as mixed intraday and daily studies keep near-term sentiment cautious and extend consolidation beneath congestion resistance at 0.9350. Broader weekly charts are rising, suggesting room for a later break above here. But a further close above the 0.9373 monthly high of 1 October is needed to turn sentiment positive and confirm continuation of mid-November gains, initially to the 0.9400 break level. Meanwhile, support remains at congestion around 0.9300 and should underpin any immediate setbacks.