Published: 2025-10-07T10:08:06.000Z
Chart EUR/CHF Update: Pressuring 0.9300 - studies under pressure
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Anticipated selling interest has reached congestion support at 0.9300
| 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
10:55 BST - Anticipated selling interest has reached congestion support at 0.9300, where short-term consolidation is developing. Intraday studies and daily readings continue to point lower, and broader weekly charts are also under pressure, highlighting room for further losses in the coming sessions. A close below 0.9300 will add weight to sentiment and extend mid-August losses towards 0.9260. Meanwhile, resistance is at congestion around 0.9350 and should cap any immediate tests higher.