Published: 2026-07-28T10:13:53.000Z
Chart EUR/CHF Update: Pushing higher
1
Cautious trade has given way to a push higher in CHF-driven trade
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9395 | ** | 8 Dec (m) high | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9368 | 16 Dec (w) high | S2 | 0.9267 | ** | 31 Mar (m) high | ||
| R2 | 0.9350 | * | break level, 14 Jan YTD high | S3 | 0.9230 | congestion | ||
| R1 | 0.9325 | * | congestion | S4 | 0.9200 | ** | break level |
Asterisk denotes strength of level
10:40 BST - Cautious trade has given way to a push higher in CHF-driven trade, with prices meeting selling interest just beneath congestion resistance at 0.9325. Daily stochastics are flat in overbought areas, suggesting potential for consolidation, before the positive daily Tension Indicator and rising weekly charts prompt further gains. A close above 0.9325 will improve sentiment and extend March gains towards strong resistance at 0.9350. Meanwhile, support remains down to congestion around 0.9300 and should underpin any immediate setbacks.