Published: 2025-12-16T11:12:09.000Z
Chart EUR/CHF Update: Limited tests higher
1
Little change, as prices extend consolidation following the break above 0.9350
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9500 | ** | break level | S1 | 0.9350 | ** | congestion | |
| R3 | 0.9445/50~ | ** | Apr-Aug range high | S2 | 0.9325 | congestion | ||
| R2 | 0.9395/00 | ** | 8 Dec (w) high; break level | S3 | 0.9300 | ** | congestion | |
| R1 | 0.9375 | break level | S4 | 0.9275 | 21 Nov low |
Asterisk denotes strength of level
10:50 GMT - Little change, as prices extend consolidation following the break above 0.9350. Intraday studies have turned higher and oversold daily stochastics are unwinding, suggesting room for continuation towards the 0.9375 break level. But the negative daily Tension Indicator is expected to limit any initial break in fresh consolidation beneath stronger resistance up to the 0.9400 break level. Meanwhile, a break back below 0.9350 should give way to consolidation above further congestion around 0.9325.