Published: 2026-05-29T10:51:56.000Z
Chart EUR/CHF Update: Leaning lower
2
The test above congestion resistance at 0.9150 has met sharp selling interest at 0.9170
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9225 | congestion | S1 | 0.9120 | break level | |||
| R3 | 0.9200 | ** | break level | S2 | 0.9100 | ** | congestion | |
| R2 | 0.9180 | ** | congestion | S3 | 0.9090 | ** | 61.8% ret of March rally | |
| R1 | 0.9150 | ** | congestion | S4 | 0.9050 | ** | congestion, 76.4% ret |
Asterisk denotes strength of level
11:35 BST - The test above congestion resistance at 0.9150 has met sharp selling interest at 0.9170, with prices falling steadily to pressure support at 0.9120. Daily readings are coming under pressure and broader weekly charts are falling, highlighting room for continuation beneath here towards strong support at the 0.9090 Fibonacci retracement and congestion around 0.9100. A close beneath here will add weight to sentiment and extend late-March losses towards 0.9050. Meanwhile, a close above 0.9150, if seen, would help to stabilise price action and prompt consolidation beneath further congestion around 0.9180.