Published: 2026-01-12T11:05:45.000Z
Chart EUR/CHF Update: Further consolidation
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Still little change, as prices extend consolidation within the 0.9300 - 0.9325 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9400 | ** | break level | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9375 | break level | S2 | 0.9275 | ** | congestion lows | ||
| R2 | 0.9350 | ** | congestion | S3 | 0.9260 | * | 61.8% ret of Nov-Dec rally | |
| R1 | 0.9325 | congestion | S4 | 0.9230 | ** | 76.4% ret of Nov-Dec rally |
Asterisk denotes strength of level
10:50 GMT - Still little change, as prices extend consolidation within the 0.9300 - 0.9325 range. Intraday studies are mixed/negative, highlighting room for a drift lower back towards congestion support at 0.9300. But rising daily readings are expected to limit any initial tests in consolidation. In the coming sessions, a break above congestion resistance at 0.9325 cannot be ruled out. But negative weekly charts should limit scope in renewed selling interest beneath congestion resistance at 0.9350.