Published: 2026-05-14T08:11:24.000Z
Chart USD/CHF Update: Drifting higher
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Little change, as prices extend cautious trade around 0.7825/30
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | ** | congestion | S1 | 0.7800 | * | congestion | |
| R3 | 0.7950 | * | congestion | S2 | 0.7770 | ** | 61.8% ret of Jan-Mar rally | |
| R2 | 0.7900 | ** | congestion | S3 | 0.7750 | * | congestion | |
| R1 | 0.7850 | * | congestion | S4 | 0.7700/10 | ** | congestion; 76.4% ret |
Asterisk denotes strength of level
09:00 BST - Little change, as prices extend cautious trade around 0.7825/30. Daily stochastics are rising and the daily Tension Indicator is turning higher, suggestion room for further gains in the coming sessions. Focus is expected to remain on congestion resistance at 0.7850. But negative weekly charts should limit any initial tests in consolidation. Meanwhile, support remains at congestion around 0.7800 and extends to the 0.7770 Fibonacci retracement. This range should underpin any immediate setbacks.