Published: 2025-12-19T11:23:17.000Z
Chart EUR/CHF Update: Pressuring 0.9300
-
Anticipated losses have reached congestion support at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9395/00 | ** | 8 Dec (w) high; break level | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9375 | break level | S2 | 0.9275 | 21 Nov low | |||
| R2 | 0.9350 | ** | congestion | S3 | 0.9210/12 | ** | Apr-Oct lows | |
| R1 | 0.9325 | congestion | S4 | 0.9180 | ** | 14 Nov YTD low |
Asterisk denotes strength of level
11:05 GMT - Anticipated losses have reached congestion support at 0.9300, where mixed intraday studies and flattening oversold daily stochastics are prompting short-term reactions. The daly Tension Indicator continues to point lower, highlighting room for a later break. But mixed weekly charts are expected to limit scope in renewed buying interest/consolidation above the 0.9275 low of 21 November. Meanwhile, resistance is lowered to congestion around 0.9325. A close above here would help to stabilise price action and give way to consolidation beneath further congestion around 0.9350.