Published: 2026-03-17T09:18:32.000Z
Chart USD/CHF Update: Room for a minor test lower
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Little change, as prices extend cautious trade beneath congestion resistance at 0.7900
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | * | break level | S1 | 0.7850 | congestion | ||
| R3 | 0.7950 | * | congestion | S2 | 0.7825 | congestion | ||
| R2 | 0.7923 | * | 16 Mar high | S3 | 0.7800 | * | break level | |
| R1 | 0.7900 | ** | congestion | S4 | 0.7750 | * | congestion |
Asterisk denotes strength of level
09:10 GMT - Little change, as prices extend cautious trade beneath congestion resistance at 0.7900. Intraday studies are bearish and daily readings are coming under pressure, highlighting room for a minor pullback towards congestion support around 0.7850. However, positive weekly charts should limit any break in renewed buying interest within the 0.7800/25 range. Following cautious/corrective trade, fresh gains are looked for. A later break back above 0.7900 and the 0.923 high of 16 March will improve sentiment and extend late-January gains initially to congestion around 0.7950.