Published: 2026-04-01T10:42:22.000Z
Chart EUR/CHF Update: Limited tests lower
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The anticipated break back above 0.9200 has reached 0.9267
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9275 | * | Dec-Jan range lows, break level | S1 | 0.9180 | ** | congestion | |
| R3 | 0.9267 | 31 Mar (m) high | S2 | 0.9150 | ** | break level | ||
| R2 | 0.9235 | * | 61.8% ret of Dec-Mar fall | S3 | 0.9100 | ** | break level | |
| R1 | 0.9200 | ** | break level | S4 | 0.9050 | break level |
Asterisk denotes strength of level
11:05 BST - The anticipated break back above 0.9200 has reached 0.9267, where unwinding overbought daily stochastics are prompting profit-taking pressure and a break back below 0.9200. Immediate focus is on congestion support at 0.9180. But the positive daily Tension Indicator and rising weekly charts should limit any immediate break in renewed consolidation above support at the 0.9150 break level. Meanwhile, a close back above 0.9200 will help to stabilise price action. But a close above the 0.9235 Fibonacci retracement would improve sentiment and extend March gains beyond the 0.9267 monthly high of 31 March initially towards 0.9275.