Published: 2026-05-27T11:54:09.000Z
Chart USD/CHF Update: Limited tests higher
2
Cautious trade has given way to the anticipated break above 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
12:30 BST - Cautious trade has given way to the anticipated break above 0.7850, with prices currently trading around 0.7865. Rising intraday studies highlight potential for continuation towards congestion resistance at 0.7900. But mixed/negative daily readings and mixed weekly charts should prompt renewed selling interest towards here. Meanwhile, any tests back below 0.7850 should be limited in consolidation above further congestion around 0.7800.