Published: 2025-10-10T10:20:07.000Z
Chart EUR/CHF Update: Choppy above 0.9300 - gains to remain limited
1
Little change, as prices extend choppy trade above congestion support at 0.9300
Level | Comment | Level | Comment | |||||
---|---|---|---|---|---|---|---|---|
R4 | 0.9435 | * | 50% ret of Mar-Apr fall | S1 | 0.9300 | ** | congestion | |
R3 | 0.9400 | ** | congestion | S2 | 0.9260 | break level | ||
R2 | 0.9373 | * | 1 Oct (w) high | S3 | 0.9212 | ** | 11 Apr YTD low | |
R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; Nov 2024 (y) low |
Asterisk denotes strength of level
11:00 BST - Little change, as prices extend choppy trade above congestion support at 0.9300. Daily readings have turned mixed/positive, suggesting room for a further push higher. But negative weekly charts are expected to limit scope in renewed selling interest towards congestion around 0.9300. Following cautious/choppy trade, fresh losses are looked for. A break below 0.9300 will add weight to sentiment and extend mid-August losses towards 0.9260.