Published: 2025-12-08T08:31:56.000Z
Chart EUR/CHF Update: Pressuring .9373, October high
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Consolidating retest of the .9373 October high but pressure remains on the upside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.9500 | * | congestion | S1 | 0.9350 | * | congestion | |
| R3 | 0.9445 | ** | Aug high | S2 | 0.9310/00 | * | congestion | |
| R2 | 0.9400 | * | congestion | S3 | 0.9262/50 | * | Aug low, congestion | |
| R1 | 0.9373 | * | Oct high | S4 | 0.9202 | ** | Nov 2024 year low |
Asterisk denotes strength of level
08:25 GMT - Consolidating retest of the .9373 October high but pressure remains on the upside. Weekly studies continue to track higher and suggest scope for break here to extend gains from the .9180 November low. Clearance will see room for extension to the .9400 congestion then strong resistance at the .9445, August high. Meanwhile, support is raised to the .9350 congestion. Below this will delay bulls and see room for deeper pullback to the .9310/00 congestion area which should underpin and sustain gains from the .9180 low.