Published: 2026-01-16T11:29:35.000Z
Chart EUR/CHF Update: Extending consolidation
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Little change, as prices extend consolidation above congestion support at 0.9300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9400 | ** | break level | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9380 | break level | S2 | 0.9275 | ** | congestion lows | ||
| R2 | 0.9350 | ** | congestion | S3 | 0.9260 | ** | 61.8% ret of Nov-Dec rally | |
| R1 | 0.9325 | congestion | S4 | 0.9230 | ** | 76.4% ret of Nov-Dec rally |
Asterisk denotes strength of level
11:05 GMT - Little change, as prices extend consolidation above congestion support at 0.9300. Intraday studies are negative and daily readings are coming under pressure, highlighting room for a test below 0.9300. But mixed weekly charts are expected to limit any break in renewed consolidation above congestion lows around 0.9275. Meanwhile, any immediate tests above congestion resistance at 0.9325 should meet selling interest towards further congestion around 0.9350.