Published: 2025-10-09T10:15:52.000Z
Chart EUR/CHF Update: Choppy above 0.9300 - studies under pressure
1
Still little change, as prices extend choppy trade above congestion support at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9435 | * | 50% ret of Mar-Apr fall | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9400 | ** | congestion | S2 | 0.9260 | break level | ||
| R2 | 0.9373 | * | 1 Oct (w) high | S3 | 0.9212 | ** | 11 Apr YTD low | |
| R1 | 0.9350 | ** | congestion | S4 | 0.9200/02 | ** | figure; Nov 2024 (y) low |
Asterisk denotes strength of level
11:00 BST - Still little change, as prices extend choppy trade above congestion support at 0.9300. Daily readings are mixed/negative, suggesting potential for further consolidation in the coming sessions. But broader weekly charts are under pressure, pointing to room for a later break and extension of mid-August losses towards 0.9260. Meanwhile, resistance remains at congestion around 0.9350 and should cap any immediate tests higher.