Published: 2025-10-14T10:19:08.000Z
Chart EUR/CHF Update: Choppy trade leaning lower
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Cautious trade has given way to a drift lower
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9400 | ** | congestion | S1 | 0.9280 | 10 Oct (w) low | ||
| R3 | 0.9373 | * | 1 Oct (w) high | S2 | 0.9260 | break level | ||
| R2 | 0.9350 | ** | congestion | S3 | 0.9212 | ** | 11 Apr YTD low | |
| R1 | 0.9300 | ** | congestion | S4 | 0.9200/02 | ** | figure; Nov 2024 (y) low |
Asterisk denotes strength of level
11:00 BST - Cautious trade has given way to a drift lower, with prices once again balanced above support at the 0.9280 weekly low of 10 October. Daily readings have turned down and broader weekly charts are negative, highlighting room for further losses in the coming sessions. A break below 0.9280 will add weight to sentiment and extend mid-August losses towards 0.9260, where by-then oversold daily stochastics could prompt fresh consolidation. Meanwhile, a close back above 0.9300 would help to stabilise price action and prompt consolidation beneath further congestion around 0.9350.