Published: 2025-10-22T10:08:59.000Z
Chart EUR/CHF Update: Balanced above critical support - studies under pressure
1
Little change, as the bounce following the test of critical support at 0.9200/02 - 0.9212 gives way to consolidation
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9350 | ** | congestion | S1 | 0.9212 | ** | 11 Apr YTD low | |
| 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 - Little change, as the bounce following the test of critical support at 0.9200/02 - 0.9212 gives way to consolidation. Oversold daily stochastics are unwinding, suggesting potential for a test higher. But the negative daily Tension Indicator and bearish weekly charts are expected to limit gains in renewed selling interest beneath 0.9260. Following cautious trade, fresh losses are looked for. A later close below 0.9200/02 will add weight to sentiment and extend long-term bear trends, initially towards 0.9150.