Published: 2026-03-06T11:40:17.000Z
Chart EUR/CHF Update: Drifting lower
1
Little change, as prices edge lower following consolidation around 0.9050
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9200 | * | congestion | S1 | 0.9030~ | * | 2 Mar YTD low | |
| R3 | 0.9180 | minor congestion | S2 | 0.9000 | ** | psychological | ||
| R2 | 0.9150 | ** | break level | S3 | 0.8900 | * | figure | |
| R1 | 0.9100 | ** | break level | S4 | 0.8800 | * | figure |
Asterisk denotes strength of level
10:50 GMT - Little change, as prices edge lower following consolidation around 0.9050. Both daily and weekly charts are under pressure, highlighting room for further losses in the coming sessions. However, a close below critical support at the 0.9030~ current year low of 2 March is needed to turn sentiment negative and extend long-term bear trends, initially to psychological support at 0.9000. Meanwhile, resistance remains up to 0.9100, and should continue to cap any immediate tests higher.