Published: 2025-12-11T11:43:30.000Z
Chart EUR/CHF Update: Under pressure
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The anticipated break below 0.9350 is approaching congestion support at 0.9325
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9500 | ** | break level | S1 | 0.9325 | congestion | ||
| R3 | 0.9445/50~~ | ** | Apr-Aug range high | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9395/00 | ** | 8 Dec (w) high; break level | S3 | 0.9275 | 21 Nov low | ||
| R1 | 0.9350 | ** | congestion | S4 | 0.9250 | break level |
Asterisk denotes strength of level
11:05 GMT - The anticipated break below 0.9350 is approaching congestion support at 0.9325. Oversold intraday studies could limit any initial tests in consolidation, before negative daily readings prompt a break. Focus will then turn to further congestion around 0.9300, but rising weekly charts are expected to limit any initial tests in fresh consolidation. Meanwhile, resistance is lowered to congestion around 0.9350. A close above here, if seen, will help to stabilise price action and prompt consolidation beneath the 0.9395 weekly high of 8 December and the 0.9400 break level.