Published: 2026-05-12T09:56:32.000Z
Chart EUR/CHF Update: Gains to remain limited
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Little change, as prices extend cautious trade
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9250 | congestion | S1 | 0.9150 | ** | congestion | ||
| R3 | 0.9225 | break level | S2 | 0.9125 | ** | 50% ret of March rally | ||
| R2 | 0.9200 | ** | break level | S3 | 0.9100 | ** | congestion | |
| R1 | 0.9180 | ** | congestion | S4 | 0.9090 | ** | 61.8% ret of March rally |
Asterisk denotes strength of level
10:45 BST - Little change, as prices extend cautious trade. Oversold daily stochastics are unwinding and the bearish daily Tension Indicator is flattening, highlighting room for a drift higher to congestion resistance at 0.9180. But mixed/negative weekly charts should limit any immediate break above here in renewed selling interest towards 0.9200. Following corrective trade, fresh losses are looked for. Support remains at congestion around 0.9150. A later close beneath here will add weight to sentiment and extend late-March losses towards the 0.9125 Fibonacci retracement.