Published: 2025-12-02T08:06:05.000Z
Chart USD/CHF Update: Lower in consolidation from .8100/24 range high
1
Lower in consolidation, as prices settled back from the .8100/24, October/November range high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8200 | * | congestion | S1 | 0.8000 | * | congestion | |
| R3 | 0.8170 | ** | 1 Aug high | S2 | 0.7950 | * | congestion | |
| R2 | 0.8124 | * | 5 Nov high | S3 | 0.7900 | * | congestion | |
| R1 | 0.8100 | * | congestion | S4 | 0.7830 | ** | 17 Sep YTD low |
Asterisk denotes strength of level
08:00 GMT - Lower in consolidation, as prices settled back from the .8100/24, October/November range high. Pullback see support at the .8000 level and where break will open up room for retest of the .7900 congestion. Would take break here, but not expected, to expose the .7830, 17 September multi-year low to retest. Meanwhile, a close above .8100 is needed to open up room for stronger gains to retrace losses from the January high and see extension to retest strong resistance at .8124/.8170, November/August highs, then the .8200 congestion.