Published: 2026-05-19T08:26:38.000Z
Chart USD/CHF Update: Cautious trade
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Little change, as mixed intraday studies keep near-term sentiment cautious and prompt consolidation around congestion support at 0.7850
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | ** | congestion | S1 | 0.7850 | * | congestion | |
| R3 | 0.7950 | * | congestion | S2 | 0.7800 | * | congestion | |
| R2 | 0.7925 | ** | 29 Apr (w) high | S3 | 0.7770 | ** | 61.8% ret of Jan-Mar rally | |
| R1 | 0.7900 | ** | congestion | S4 | 0.7750 | * | congestion |
Asterisk denotes strength of level
09:20 BST - Little change, as mixed intraday studies keep near-term sentiment cautious and prompt consolidation around congestion support at 0.7850. Daily readings are rising, highlighting room for a fresh test higher. But mixed weekly charts should limit any break above the 0.7877 high of 18 May in consolidation beneath congestion around 0.7900. Meanwhile, any immediate tests below 0.7850 should give way to consolidation above further congestion around 0.7800.