Published: 2025-09-11T10:23:24.000Z
Chart EUR/CHF Update: Gains to remain limited
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Little change, as prices extend cautious trade following the anticipated test of congestion resistance at 0.9350
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9490/00 | ** | 61.8% ret; congestion | S1 | 0.9315 | * | 28 Aug (w) low | |
| R3 | 0.9435 | * | 50% ret of Mar-Apr fall | S2 | 0.9300 | ** | congestion | |
| R2 | 0.9400 | ** | congestion | S3 | 0.9260 | break level | ||
| R1 | 0.9350 | ** | congestion | S4 | 0.9212 | ** | 11 Apr YTD low |
Asterisk denotes strength of level
10:55 BST - Little change, as prices extend cautious trade following the anticipated test of congestion resistance at 0.9350. Oversold daily stochastics are edging higher, suggesting room for a test above here. But the bearish daily Tension Indicator and deteriorating weekly charts are expected to limit sceop in renewed selling interest beneath further congestion around 0.9400. Meanwhile, support remains at 0.9315. A later break beneath here will add weight to sentiment and extend mid-August losses below congestion support at 0.9300 towards 0.9260.