Published: 2026-05-14T10:11:45.000Z
Chart EUR/CHF Update: Under pressure
1
Cautious trade within the 0.9150 - 0.9180 range is giving way to a drift lower
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9150 | ** | congestion | ||
| R3 | 0.9225 | break level | S2 | 0.9125 | ** | 50% ret of March rally | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9100 | ** | congestion | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9090 | ** | 61.8% ret of March rally |
Asterisk denotes strength of level
10:50 BST - Cautious trade within the 0.9150 - 0.9180 range is giving way to a drift lower, as intraday studies remain under pressure, with prices currently pressuring congestion support at 0.9150. Daily readings are also mixed/negative and broader weekly charts are coming under pressure, highlighting room for a later break and extension of late-March losses towards the 0.9125 Fibonacci retracement. Continuation down to 0.9090/00 cannot be ruled out. Meanwhile, a close above congestion resistance at 0.9180 would help to stabilise price action and prompt consolidation beneath 0.9200.