Published: 2025-10-13T10:21:47.000Z
Chart EUR/CHF Update: Choppy trade - gains to remain limited
1
The break below 0.9300 has bounced smartly from 0.9280
| 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
11:00 BST - The break below 0.9300 has bounced smartly from 0.9280, as intraday studies turn higher, with prices once again trading in choppy trade above 0.9300. Daily stochastics are edging higher, suggesting potential for a move higher towards congestion resistance at 0.9350. But the bearish daily Tension Indicator and mixed/negative weekly charts are expected to limit any tests in renewed selling interest. Following cautious/choppy trade, fresh losses are looked for. A later break back below 0.9300 will add weight to sentiment and extend mid-August losses towards 0.9260.