Published: 2025-12-01T07:31:39.000Z
Chart EUR/CHF Update: Limited pullback, room for higher later
1
Edged lower from the .9350 resistance as prices consolidate gains from the .9180 low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9445 | ** | Aug high | S1 | 0.9300 | * | congestion | |
| R3 | 0.9400 | * | congestion | S2 | 0.9262/50 | * | Aug low, congestion | |
| R2 | 0.9373 | * | Oct high | S3 | 0.9202 | ** | Nov 2024 year low | |
| R1 | 0.9350 | * | congestion | S4 | 0.9180 | ** | 14 Nov all-time low |
Asterisk denotes strength of level
07:30 GMT - Edged lower from the .9350 resistance as prices consolidate gains from the .9180 low and unwind overbought daily studies. Weekly studies continue to track higher and suggest the resulting flag pattern giving way to renewed buying interest later. Higher will see room for extension to resistance at the .9373/.9400, October high and congestion area. Meanwhile, support remains at the .9300 congestion which should underpin. Failure here will open up room for deeper pullback to the .9262/.9250 August low and congestion area.