Published: 2026-01-13T10:56:57.000Z
Chart EUR/CHF Update: Cautious trade
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Little change, as prices extend consolidation within the 0.9300 - 0.9325 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9400 | ** | break level | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9375 | 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
10:40 GMT - Little change, as prices extend consolidation within the 0.9300 - 0.9325 range. Intraday studies have turned higher, suggesting room for a minor bounce towards congestion resistance at 0.9325. But unwinding overbought daily stochastics and the flattening daily Tension Indicator, alongside mixed weekly charts, should limit any break in renewed consolidation beneath further congestion around 0.9350. Meanwhile, any immediate break below congestion support at 0.9300 is expected to give way to consolidation above 0.9275.