Published: 2025-09-01T10:41:41.000Z
Chart EUR/CHF Update: Resistance at 0.9400
Senior Technical Strategist
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Little change, as mixed/positive intraday studies keep near-term sentiment cautious
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9555 | ** | 76.4% ret of Mar-Apr fall | S1 | 0.9350 | ** | congestion | |
| R3 | 0.9490/00 | ** | 61.8% ret; congestion | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9435 | * | 50% ret of Mar-Apr fall | S3 | 0.9260 | break level | ||
| R1 | 0.9400 | ** | congestion | S4 | 0.9212 | ** | 11 Apr YTD low |
Asterisk denotes strength of level
11:10 BST - Little change, as mixed/positive intraday studies keep near-term sentiment cautious and extend consolidation above congestion support at 0.9350. Oversold daily stochastics are edging higher, suggesting room for a move towards congestion resistance at 0.9400. But the negative daily Tension Indicator and deteriorating weekly charts are expected to limit any initial tests in renewed selling towards here. Following cautious trade, fresh losses are looked for. A later break back below 0.9350 will initially open up 0.9300.