Chart EUR/CHF Update: Balanced beneath year high
Still little change, as mixed intraday studies keep near-term sentiment cautious
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9565 | ** | 61.8% ret of 2024-2026 fall | S1 | 0.9375 | congestion | ||
| R3 | 0.9500 | ** | figure | S2 | 0.9350 | * | break level | |
| R2 | 0.9455 | * | August 2025 (m) high, cong | S3 | 0.9325 | break level | ||
| R1 | 0.9410~ | 14 Aug YTD high | S4 | 0.9300 | ** | congestion |
Asterisk denotes strength of level
10:45 BST - Still little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation beneath resistance at minor congestion around 0.9400 and the 0.9410~ current year high of 14 August. Daily readings are turning mixed/negative and overbought weekly stochastics are flat, suggesting room for consolidation in the coming sessions. However, the rising weekly Tension Indicator and bullish longer-term charts point to a later break and continuation of March gains initially towards 0.9455.
Meanwhile, immediate support remains at 0.9375. But stronger support at congestion around 0.9350 should underpin any immediate setbacks.