Published: 2026-04-21T11:42:22.000Z
Chart EUR/CHF Update: Consolidating - studies under pressure
1
Little change, as prices extend cautious trade within the narrow 0.9160 - 0.9180 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9160 | * | 38.2% ret of March rally | ||
| R3 | 0.9225 | break level | S2 | 0.9150 | * | break level | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9125 | ** | 50% ret of March rally | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9100 | ** | congestion |
Asterisk denotes strength of level
12:05 BST - Little change, as prices extend cautious trade within the narrow 0.9160 - 0.9180 range. Daily readings continue to track lower and overbought weekly stochastics are unwinding, highlighting room for further losses in the coming sessions. A close below the 0.9160 Fibonacci retracement will add weight to sentiment and extend late-March losses below 0.9150 towards the 0.9125 retracement. Meanwhile, resistance is at congestion around 0.9180. But a close above 0.9200 is needed to help stabilise price action and prompt consolidation beneath 0.9225.