Published: 2026-09-02T10:22:06.000Z
Chart EUR/CHF Update: Fresh year highs in CHF-driven trade
-
Cautious trade around 0.9400 has given way to further gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9600 | ** | congestion | S1 | 0.9400 | * | congestion | |
| R3 | 0.9550 | * | congestion | S2 | 0.9375 | congestion | ||
| R2 | 0.9500 | * | congestion | S3 | 0.9350 | * | break level | |
| R1 | 0.9455 | * | 50% ret of 2024-2026 fall | S4 | 0.9300 | ** | congestion |
Asterisk denotes strength of level
10:55 BST - Cautious trade around 0.9400 has given way to further gains, with CHF-driven trade posting fresh 2026 year highs towards strong resistance at the 0.9455 Fibonacci retracement. Rising daily studies highlight room for a test. But overbought weekly stochastics are drifting lower, suggesting any initial tests could give way to consolidation, before the positive weekly Tension Indicator extends March gains still further.
Meanwhile, support is raised to congestion around 0.9400. A close beneath here, if seen, will help to stabilise price action and prompt consolidation above support at 0.9350.