Published: 2026-08-21T09:40:01.000Z
Chart EUR/CHF Update: Higher in choppy trade - studies under pressure
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Choppy trade has given way to a bounce in both EUR- and CHF-driven trade
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9455 | * | August 2025 (m) high, cong | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9410~ | 14 Aug YTD high | S2 | 0.9290 | * | 38.2% ret of May-Aug rally | ||
| R2 | 0.9375 | congestion | S3 | 0.9250/55 | ** | congestion; 50% ret | ||
| R1 | 0.9350 | * | break level | S4 | 0.9220 | ** | 61.8% ret of May-Aug rally |
Asterisk denotes strength of level
10:30 BST - Choppy trade has given way to a bounce in both EUR- and CHF-driven trade, with prices currently pressuring resistance at 0.9350. Rising intraday studies highlight room for a break above here. But negative daily readings and bearish weekly charts should limit scope in renewed selling interest beneath congestion resistance at 0.9375.
Following cautious/choppy trade, fresh losses are looked for. Support remains at the 0.9290 Fibonacci retracement and congestion around 0.9300. A later close beneath here will add weight to sentiment and extend mid-August losses towards 0.9250/55.