Published: 2025-03-24T09:24:32.000Z
Chart EUR/CHF Update: Consolidating
Senior Technical Strategist
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Little change, as mixed intraday studies keep near-term sentiment cautious
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9700 | ** | congestion | S1 | 0.9550 | congestion | ||
| R3 | 0.9650 | * | break level | S2 | 0.9500 | ** | break level | |
| R2 | 0.9635 | ** | 76.4% ret of Jul-Nov fall | S3 | 0.9450 | * | break level | |
| R1 | 0.9600 | ** | congestion | S4 | 0.9400 | * | congestion |
Asterisk denotes strength of level
09:15 GMT - Little change, as mixed intraday studies keep near-term sentiment cautious and extend cautious trade above congestion support at 0.9550. Daily readings continue to track lower, highlighting room for a break beneath here. But mixed weekly charts are expected to limit scope in renewed buying interest/consolidation towards support at the 0.9500 break level. Meanwhile, resistance remains at congestion around 0.9600 and should cap any immediate tests higher.