Published: 2026-01-29T07:16:03.000Z
Chart USD/CHF Update: Consolidating at .7600 low
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Turned up in consolidation at the .7600 level as prices consolidate losses from the .8040, 15 January swing high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7860 | ** | Dec low | S1 | 0.7600 | * | 28 Jan YTD low | |
| R3 | 0.7830 | ** | Sep 2025 year low | S2 | 0.7500 | * | congestion | |
| R2 | 0.7800 | * | congestion | S3 | 0.7400 | * | congestion | |
| R1 | 0.7730 | 26 Jan low | S4 | 0.7200 | * | congestion Aug 2011 |
Asterisk denotes strength of level
07:10 GMT - Turned up in consolidation at the .7600 level as prices consolidate losses from the .8040, 15 January swing high. Consolidation here expected to give way to renewed selling pressure later to extend the underlying bear trend. Lower will see room to the .7500/.7400 area and .7200 congestion. Below this will see room to .7070, August 2011 historic low. Meanwhile, resistance is lowered to the .7700/30 congestion and low of Monday which is expected to cap. Clearance will ease the downside pressure and see room for stronger bounce to the .7800 level and .7830/60 resistance.