Published: 2026-10-06T06:51:02.000Z
Chart USD/CHF Update: Higher in in choppy trade
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Extending bounce from the .8226 Friday's low to retrace sharp pullback from the .8382 current year high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8475 | ** | May 2025 high | S1 | 0.8265/50 | * | 16 Sep high, congestion | |
| R3 | 0.8400 | * | 50% 2025/2026 fall | S2 | 0.8200 | ** | congestion | |
| R2 | 0.8382 | ** | 1 Oct YTD high | S3 | 0.8150 | * | congestion | |
| R1 | 0.8300/20 | congestion | S4 | 0.8100 | * | congestion |
Asterisk denotes strength of level
06:45 GMT - Extending bounce from the .8226 Friday's low to retrace sharp pullback from the .8382 current year high. Daily studies are unwinding overbought readings and suggest the latter expected to cap and give way to renewed selling pressure later. Lower will see deeper pullback to retrace strong gains from the .7950, August swing low. Below the .8265/50 support will see room to the strong support at the .8200/.8150 congestion area. Meanwhile, resistance is at the .8300/20 congestion area. Regaining this will expose the .8382 current year high to retest.