Published: 2025-11-25T11:49:17.000Z
Chart EUR/CHF Update: Pushing higher
4
Cautious trade has given way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9450~ | ** | Apr-Aug range high | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9400 | ** | break level | S2 | 0.9250 | break level | ||
| R2 | 0.9373 | ** | 1 Oct (m) high | S3 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; 18 Nov 2024 (y) low |
Asterisk denotes strength of level
11:20 GMT - Cautious trade has given way to anticipated gains, as intraday studies tick higher, with focus turning to congestion resistance at 0.9350. Daily readings are also positive, highlighting room for a test above here. But overbought daily stochastics could limit initial scope in consolidation beneath the 0.9373 monthly high of 1 October, before improving weekly charts prompt further strength. Meanwhile, support remains at congestion around 0.9300 and should underpin any immediate setbacks.