Published: 2026-03-12T11:23:20.000Z
Chart EUR/CHF Update: Cautious trade - background studies under pressure
2
Still little change
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9180 | minor congestion | S1 | 0.9000 | ** | psychological | ||
| R3 | 0.9150 | ** | break level | S2 | 0.8980 | ** | 9 Mar YTD low | |
| R2 | 0.9100 | ** | break level | S3 | 0.8950 | * | figure | |
| R1 | 0.9050 | break level | S4 | 0.8900 | * | figure |
Asterisk denotes strength of level
10:55 GMT - Still little change, as mixed intraday studies keep near-term sentiment cautious and prompt further consolidation within the 0.9000 - 0.9050 range. Daily readings are mixed/negative and broader weekly charts are also bearish, highlighting room for fresh losses in the coming sessions. However, a close below critical support at the 0.8980 current year low of 9 March is needed to turn sentiment negative and extend long-term bear trends, initially to 0.8950. Meanwhile, a close above resistance at 0.9050, if seen, should be limited in renewed selling interest/consolidation beneath 0.9100.