Published: 2025-08-05T10:15:11.000Z
Chart EUR/CHF Update: Gains to remain limited
Senior Technical Strategist
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Little change, as prices extend cautious trade around congestion resistance at 0.9350
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9490/00 | ** | 61.8% ret; congestion | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9435 | * | 50% ret of Mar-Apr fall | S2 | 0.9260 | break level | ||
| R2 | 0.9400 | * | congestion | 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
10:50 BST - Little change, as prices extend cautious trade around congestion resistance at 0.9350. Daily readings are rising, suggesting room for continuation beyond here. But mixed weekly charts should limit scope in renewed selling interest towards further congestion around 0.9400. Meanwhile, support remains at 0.9300 and should underpin any immediate setbacks.