Published: 2026-02-06T07:48:12.000Z
Chart USD/CHF Update: Range-bound below .7817 high
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Range-bound below the .7817 Monday's high as prices consolidate bounce from the .7600, January current year low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7900 | * | congestion | S1 | 0.7730/00 | * | 26 Jan low, congestion | |
| R3 | 0.7860 | ** | Dec low | S2 | 0.7600 | ** | 28 Jan YTD low | |
| R2 | 0.7830 | ** | Sep 2025 year low | S3 | 0.7500 | * | congestion | |
| R1 | 0.7800 | * | congestion | S4 | 0.7400 | * | congestion |
Asterisk denotes strength of level
07:40 GMT - Range-bound below the .7817 Monday's high as prices consolidate bounce from the .7600, January current year low. Positive daily studies suggest scope for break here to further retrace the January losses to strong resistance at .7830/.7860 area and .7900 congestion. However, gains are seen corrective and expected to give way to renewed selling pressure later. Meanwhile, support is at the .7730/.7700 area and see break here needed to return focus to the downside for retest of the .7600 low. Lower will see room to the .7500/.7400 congestion.