Published: 2025-10-29T11:21:01.000Z
Chart EUR/CHF Update: Limited gains
1
The minor test lower has bounced from 0.9235~
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9373 | * | 1 Oct (w) high | S1 | 0.9250 | break level | ||
| R3 | 0.9350 | ** | congestion | S2 | 0.9210/12 | ** | 11 Apr - 21 Oct YTD lows | |
| R2 | 0.9330 | congestion | S3 | 0.9200/02 | ** | figure; 18 Nov (y) low | ||
| R1 | 0.9300 | ** | congestion | S4 | 0.9150 | figure |
Asterisk denotes strength of level
10:55 GMT - The minor test lower has bounced from 0.9235~, as oversold intraday studies unwind, with prices currently trading around 0.9275. Rising daily readings highlight room for a test of congestion resistance at 0.9300. But mixed/negative weekly charts are expected to limit any break in renewed selling interest/consolidation towards congestion within 0.9330/50. Meanwhile, any immediate tests below support at 0.9250 should give way to consolidation above critical support within the 0.9200 - 0.9212 range.