Published: 2025-11-21T11:17:27.000Z
Chart EUR/CHF Update: Cautious trade
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Still little change, as deteriorating intraday studies keep prices balanced in choppy trade beneath congestion resistance at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9373 | ** | 1 Oct (m) high | S1 | 0.9250 | break level | ||
| R3 | 0.9350 | ** | congestion | S2 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R2 | 0.9330 | congestion | S3 | 0.9200/02 | ** | figure; 18 Nov 2024 (y) low | ||
| R1 | 0.9300 | ** | congestion | S4 | 0.9180 | ** | 14 Nov historic low |
Asterisk denotes strength of level
10:55 GMT - Still little change, as deteriorating intraday studies keep prices balanced in choppy trade beneath congestion resistance at 0.9300. A minor pullback is possible, towards support at the 0.9250 break level. But rising daily stochastics and the improving daily Tension Indicator should limit any initial tests in consolidation/buying interest. Meanwhile, mixed weekly charts are expected to limit any immediate break above 0.9300 in renewed selling interest beneath overhead supply within 0.9330/50.