Published: 2025-10-08T10:35:13.000Z
Chart EUR/CHF Update: Extending pressure on 0.9300 - studies under pressure
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Little change, as choppy prices extend pressure on congestion support at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9435 | * | 50% ret of Mar-Apr fall | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9400 | ** | congestion | S2 | 0.9260 | break level | ||
| R2 | 0.9373 | * | 1 Oct (w) high | S3 | 0.9212 | ** | 11 Apr YTD low | |
| R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; Nov 2024 (y) low |
Asterisk denotes strength of level
11:05 BST - Little change, as choppy prices extend pressure on congestion support at 0.9300. Daily readings continue to point lower, and broader weekly charts are also under pressure, highlighting room for further losses in the coming sessions. A close below 0.9300 will add weight to sentiment and extend mid-August losses towards 0.9260. Meanwhile, resistance remains at congestion around 0.9350 and should cap any immediate tests higher.