Published: 2026-05-15T10:10:56.000Z
Chart EUR/CHF Update: Room for lower
2
Choppy trade around 0.9150 is giving way to renewed selling interest
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9225 | break level | S1 | 0.9125 | ** | 50% ret of March rally | ||
| R3 | 0.9200 | ** | break level | S2 | 0.9100 | ** | congestion | |
| R2 | 0.9180 | ** | congestion | S3 | 0.9090 | ** | 61.8% ret of March rally | |
| R1 | 0.9150 | ** | congestion | S4 | 0.9070 | break level |
Asterisk denotes strength of level
10:40 BST - Choppy trade around 0.9150 is giving way to renewed selling interest, with late-March losses focusing on support at the 0.9125 Fibonacci retracement. Negative daily readings highlight room for continuation beneath here. But already oversold daily stochastics should limit any immediate break in consolidation above congestion around 0.9100, before deteriorating weekly charts prompt further losses. Meanwhile, a close back above congestion resistance at 0.9150 will help to stabilise sentiment and prompt consolidation beneath further congestion around 0.9180.