Published: 2026-07-07T10:19:54.000Z
Chart EUR/CHF Update: Pushing higher in CHF-driven trade
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Cautious trade is giving way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9330 | * | congestion highs | S1 | 0.9200 | ** | break level | |
| R3 | 0.9300 | ** | congestion | S2 | 0.9180 | ** | congestion | |
| R2 | 0.9267 | ** | 31 Mar (m) high | S3 | 0.9150 | ** | congestion | |
| R1 | 0.9230 | congestion | S4 | 0.9100 | * | congestion |
Asterisk denotes strength of level
10:45 BST - Cautious trade is giving way to anticipated gains, with prices approaching congestion resistance at 0.9230 in CHF-driven trade. Intraday studies are mixed/positive and oversold daily stochastics are rising, suggesting room for a test above here. But the flat daily Tension Indicator and deteriorating weekly charts should limit scope in renewed selling interest towards the 0.9267 monthly high of 31 March. Following cautious trade, fresh losses are looked for. A close below congestion support at 0.9180 will add weight to sentiment and extend June losses initially towards congestion around 0.9150.