Published: 2026-03-02T10:02:01.000Z
Chart USD/CHF Update: Choppy in range
1
The anticipated test of 0.7700 has extended to 0.7670
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7830~ | * | 17 Sep 2025 (y) low | S1 | 0.7700 | * | break level | |
| R3 | 0.7800 | * | break level | S2 | 0.7660 | congestion | ||
| R2 | 0.7772 | * | 20 Feb (w) high | S3 | 0.7635~ | * | 10 Feb (w) low | |
| R1 | 0.7750 | * | congestion | S4 | 0.7600 | ** | 28 Jan YTD low |
Asterisk denotes strength of level
09:40 GMT - The anticipated test of 0.7700 has extended to 0.7670. A sharp bounce has reached 0.7740, before settling into cautious trade around 0.7720. Rising intraday studies highlight potential for a test of congestion resistance at 0.7750. But negative daily readings and mixed weekly charts should limit any further break in renewed selling interest/consolidation beneath the 0.7772 weekly high of 20 February. Meanwhile, support remains at 0.7700 and extends to congestion around 0.7660. This broad range should underpin any immediate setbacks.