Published: 2025-12-01T06:26:38.000Z
Chart USD/CHF Update: Lower in consolidation from .8100 range high
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Settled back from test of the .8100 range high as prices unwind overbought daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8200 | * | congestion | S1 | 0.8000 | * | congestion | |
| R3 | 0.8170 | ** | 1 Aug high | S2 | 0.7950 | * | congestion | |
| R2 | 0.8124 | * | 5 Nov high | S3 | 0.7900 | * | congestion | |
| R1 | 0.8100 | * | congestion | S4 | 0.7830 | ** | 17 Sep YTD low |
Asterisk denotes strength of level
06:35 GMT - Settled back from test of the .8100 range high as prices unwind overbought daily studies and see room to the .8000 figure. Lower highs at .8170 and .8124, August/November highs, threaten break of the .8000 level to open up room for retest of support at the .7900 congestion. Would take break here, but not expected, to expose the .7830, 17 September multi-year low to retest. Meanwhile, a close above .8100 is needed to open up stronger gains to retrace losses from the January high and see room to strong resistance at .8124 and .8170, November/August highs.