Published: 2026-03-23T09:44:24.000Z
Chart USD/CHF Update: Choppy around 0.7900
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Choppy trade beneath 0.7900 has given way to a break higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8085 | 8 Dec (m) high | S1 | 0.7900 | ** | congestion | ||
| R3 | 0.8040 | ** | 15-16 Jan YTD high | S2 | 0.7850 | * | congestion, recent lows | |
| R2 | 0.8000 | * | break level | S3 | 0.7825 | congestion | ||
| R1 | 0.7950 | * | congestion | S4 | 0.7800 | * | break level |
Asterisk denotes strength of level
09:30 GMT - Choppy trade beneath 0.7900 has given way to a break higher, with prices currently trading around 0.7925. Rising intraday studies highlight room for a test of congestion resistance at 0.7950. But negative daily readings should limit any immediate break in renewed selling interest/consolidation beneath resistance at the 0.8000 break level. Meanwhile, support is raised to congestion around 0.7900. But a close below further congestion around 0.7850 would add weight to sentiment and extend losses initially to 0.7800.