Published: 2025-10-06T10:19:08.000Z
Chart EUR/CHF Update: Leaning lower
0
1
Cautious trade is giving way to a drift lower
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9435 | * | 50% ret of Mar-Apr fall | S1 | 0.9315 | * | 28 Aug (w) low | |
| R3 | 0.9400 | ** | congestion | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9373 | * | 1 Oct (w) high | S3 | 0.9260 | break level | ||
| R1 | 0.9350 | ** | congestion | S4 | 0.9212 | ** | 11 Apr YTD low |
Asterisk denotes strength of level
10:50 BST - Cautious trade is giving way to a drift lower, as intraday studies turn down, with prices currently pressuring support at the 0.9315 weekly low of 28 August and congestion around 0.9300. Daily readings are turning down and broader weekly charts are also under pressure, highlighting room for further losses in the coming sessions. A close below 0.9300 will add weight to sentiment and extend mid-August losses towards 0.9260. Meanwhile, resistance is at congestion around 0.9350 and should cap any immediate tests higher.