Published: 2026-01-21T11:47:22.000Z
Chart EUR/CHF Update: Consolidating losses - studies under pressure
-
The anticipated break below 0.9275 has reached 0.9250
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9350 | ** | congestion | S1 | 0.9250 | intraday low | ||
| R3 | 0.9325 | congestion | S2 | 0.9230 | ** | 76.4% ret of Nov-Dec rally | ||
| R2 | 0.9300 | ** | congestion | S3 | 0.9210/12 | ** | Apr-Oct (y) lows | |
| R1 | 0.9275 | ** | congestion lows | S4 | 0.9180 | ** | 14 November 2025 (y) low |
Asterisk denotes strength of level
11:10 GMT - The anticipated break below 0.9275 has reached 0.9250, where unwinding oversold intraday studies are prompting a smart bounce. A retest above 0.9275 cannot be ruled out. But negative daily readings and deteriorating weekly charts should limit any break in renewed selling interest towards congestion resistance at 0.9300. In the coming sessions, cautious/choppy trade is expected to give way to fresh losses. Support is at the 0.9230 Fibonacci retracement. Oversold daily stochastics could limit any initial tests in consolidation, before a break extends December losses towards critical support within the 0.9180 - 0.9210/12 range.