Published: 2026-02-17T11:09:38.000Z
Chart USD/CHF Update: Consolidating
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Still little change, as prices extend cautious trade around resistance at 0.7700
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7830~ | * | 17 Sep 2025 (y) low | S1 | 0.7635~/50 | 30 Jan low; cong | ||
| R3 | 0.7800 | * | break level | S2 | 0.7600 | ** | 28 Jan YTD low | |
| R2 | 0.7750 | congestion | S3 | 0.7500 | * | figure | ||
| R1 | 0.7700 | * | break level | S4 | 0.7400 | * | figure |
Asterisk denotes strength of level
10:35 GMT - Still little change, as prices extend cautious trade around resistance at 0.7700 following the failed test above here. Intraday studies are falling and daily stochastics are flat beneath overbought areas, suggesting room for a pullback. But the positive daily Tension Indicator is expected to limit initial scope in consolidation above support within the 0.7635~/50 range, before negative weekly charts extend losses still further. Meanwhile, a close above 0.7700, if seen, would help to stabilise price action and prompt consolidation beneath congestion around 0.7750.