Published: 2026-08-05T10:17:14.000Z
Chart EUR/CHF Update: Focus on current year highs
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Cautious trade is giving way to a push higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9500 | ** | figure | S1 | 0.9300 | ** | congestion | |
| R3 | 0.9395/00 | ** | 8 Dec (m) high; cong | S2 | 0.9267 | ** | 31 Mar (m) high | |
| R2 | 0.9368 | 16 Dec (w) high | S3 | 0.9230 | congestion | |||
| R1 | 0.9350 | * | break level, 14 Jan YTD high | S4 | 0.9200 | ** | break level |
Asterisk denotes strength of level
10:40 BST - Cautious trade is giving way to a push higher, as intraday studies improve, with focus turning to strong resistance at 0.9350. The flat daily Tension Indicator suggests any immediate tests could be limited in fresh consolidation, before improving daily stochastics and rising weekly charts prompt further gains. A close above here will improve sentiment and extend March gains towards strong resistance at the 0.9395 monthly high of 8 December and congestion around 0.9400. Meanwhile, any fresh tests below congestion support at 0.9300 should be limited in renewed buying interest/consolidation above the 0.9267 monthly high of 31 March.