Published: 2026-05-05T09:34:20.000Z
Chart EUR/CHF Update: Room for lower
1
Little change, as prices extend cautious trade within the 0.9150 - 0.9160 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9160 | ** | 38.2% ret, 22 Apr (w) low | ||
| R3 | 0.9225 | break level | S2 | 0.9150 | ** | congestion | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9125 | ** | 50% ret of March rally | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9100 | ** | congestion |
Asterisk denotes strength of level
10:25 BST - Little change, as prices extend cautious trade within the 0.9150 - 0.9160 support. Daily readings are falling and overbought weekly stochastics are unwinding, highlighting room for a later break. Late-March losses will then turn to the 0.9125 Fibonacci retracement, with room for continuation down to 0.9090 - 0.9100. Meanwhile, resistance remains at congestion around 0.9180 and extends to 0.9200. A close above here, if seen, would help stabilise price action and prompt consolidation beneath 0.9225.