Published: 2025-10-27T11:05:40.000Z
Chart EUR/CHF Update: Limited tests higher
1
Cautious trade has given way to an opening gap higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9350 | ** | congestion | S1 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R3 | 0.9330 | 10 Oct high | S2 | 0.9200/02 | ** | figure; 18 Nov (y) low | ||
| R2 | 0.9300 | ** | congestion | S3 | 0.9150 | figure | ||
| R1 | 0.9260 | break level | S4 | 0.9100 | * | figure |
Asterisk denotes strength of level
10:50 BST - Cautious trade has given way to an opening gap higher, with prices currently balanced just above 0.9260. Daily readings are turning higher, suggesting room for continuation towards congestion resistance at 0.9300. But negative weekly charts should limit any initial tests in renewed selling interest/consolidation. Meanwhile, support remains within the 0.9200 - 0.9212 range, and is expected to underpin any immediate setbacks. A close beneath here would add weight to sentiment and extend long-term bear trends, initially towards 0.9150.