Published: 2025-11-12T09:20:38.000Z
Chart USD/CHF Update: Drifting lower
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Little change, as prices extend cautious trade around congestion support at 0.8000
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8170~ | ** | 1 Aug (m) range high | S1 | 0.8000 | ** | congestion | |
| R3 | 0.8155 | ** | 50% ret of May-Sep fall | S2 | 0.7950 | * | congestion | |
| R2 | 0.8100 | ** | break level | S3 | 0.7900 | congestion | ||
| R1 | 0.8050 | break level | S4 | 0.7850 | ** | 76.4% ret of 2011-2016 rally |
Asterisk denotes strength of level
09:15 GMT - Little change, as prices extend cautious trade around congestion support at 0.8000. Intraday studies are negative and both daily stochastics and the daily Tension Indicator are also falling, highlighting room for a fresh break beneath here and a test of congestion support at 0.8000. However, positive weekly charts should prompt fresh consolidation around here. Meanwhile, a close back above resistance at the 0.8050 break level would help to stabilise price action and prompt consolidation beneath 0.8100.