Published: 2026-09-24T10:24:47.000Z
Chart EUR/CHF Update: Sharp CHF-driven bounce
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Consolidation within the 0.9375 - 0.9400 range has given way to a sharp CHF-driven bounce
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9550 | * | break level | S1 | 0.9400 | * | congestion | |
| R3 | 0.9500 | * | congestion | S2 | 0.9375 | congestion | ||
| R2 | 0.9475/80 | * | 14-17 Sep YTD highs | S3 | 0.9350 | * | break level | |
| R1 | 0.9450 | * | congestion | S4 | 0.9300/07 | ** | congestion; 19 Aug (w) low |
Asterisk denotes strength of level
10:55 BST - Consolidation within the 0.9375 - 0.9400 range has given way to a sharp CHF-driven bounce, with the break above 0.9400 helping to improve sentiment and prompting choppy trade above here. Rising intraday studies and flattening oversold daily stochastics highlight room for further tests higher. But the bearish daily Tension Indicator and deteriorating weekly charts should limit scope in renewed selling interest beneath congestion around 0.9450.
Following cautious/corrective trade, fresh losses are looked for. A later close below congestion support at 0.9375 will add weight to sentiment and open up 0.9350.