Published: 2026-06-05T10:39:47.000Z
Chart EUR/CHF Update: Lower in range
-
Consolidation within resistance at 0.9180 - 0.9200 has given way to a pullback
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9267 | ** | 31 Mar (m) high | S1 | 0.9150 | ** | congestion | |
| R3 | 0.9230 | congestion | S2 | 0.9120 | intraday break level | |||
| R2 | 0.9200 | ** | break level | S3 | 0.9100 | ** | congestion | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9090 | ** | 61.8% ret of March rally |
Asterisk denotes strength of level
11:00 BST - Consolidation within resistance at 0.9180 - 0.9200 has given way to a pullback, as intraday studies turn down, with prices currently balanced around 0.9165. Overbought daily stochastics are unwinding, highlighting room for a test of congestion support at 0.9150. But the rising daily Tension Indicator and mixed weekly charts should limit any immediate break in renewed consolidation above 0.9120. Meanwhile, a close above 0.9200, if seen, would improve sentiment and extend late-May gains towards congestion around 0.9230, where fresh consolidation is expected to develop.