Published: 2026-02-24T11:43:52.000Z
Chart EUR/CHF Update: Lower in range
1
Cautious trade is giving way to a minor pullback
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9218 | * | 2 Feb (w) high | S1 | 0.9090/00 | ** | 19 Feb YTD low; cong | |
| R3 | 0.9200 | * | congestion | S2 | 0.9000 | ** | psychological | |
| R2 | 0.9180 | minor congestion | S3 | 0.8900 | * | figure | ||
| R1 | 0.9150 | ** | range lows | S4 | 0.8800 | * | figure |
Asterisk denotes strength of level
11:05 GMT - Cautious trade is giving way to a minor pullback, as intraday studies turn down and overbought daily stochastics flatten. Focus is on critical support at the 0.9090 current year low of 19 February and congestion around 0.9100. Rising daily stochastics and flat oversold weekly stochastics are expected to limit any initial tests in consolidation, before the negative weekly Tension Indicator and bearish longer-term readings prompt a break. A close beneath here will turn sentiment negative and extend long-term bear trends towards psychological support at 0.9000. Meanwhile, resistance remains at 0.9150 and should cap any immediate tests higher.