Published: 2026-07-14T06:43:40.000Z
Chart USD/CHF Update: Still room to extend January gains
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Consolidation below .8140 June high has given way to break to reach fresh high year high at .8150
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8250 | * | Jun 2025 high | S1 | 0.8100 | * | congestion | |
| R3 | 0.8210 | * | 38.2% 2025/2026 fall | S2 | 0.8040 | ** | Jan/Mar highs | |
| R2 | 0.8170 | * | Aug high | S3 | 0.8010 | ** | 2 Jul low | |
| R1 | 0.8150 | ** | 13 Jul YTD high | S4 | 0.7950 | * | congestion |
Asterisk denotes strength of level
06:35 GMT - Consolidation below .8140 June high has given way to break to reach fresh high year high at .8150. Positive daily and weekly studies suggest room to further gains to retrace the 2025/2026 losses to target .8170 August higher and .8210, 38.2% Fibonacci retracement. Higher still will see room to .8250/.8300, June 2025 high and congestion area. Meanwhile, support is raised to the .8100 level. Would take break here to open up room for deeper pullback to strong support at the .8040/.8010 previous highs and 2 July low, expected to underpin and sustain gains from the May low.