Published: 2026-01-07T09:37:06.000Z
Chart USD/CHF Update: Limited tests higher
2
The break above 0.7950 has given way to consolidation
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8155 | ** | 50% ret of May-Sep fall | S1 | 0.7950 | * | congestion | |
| R3 | 0.8100 | ** | break level | S2 | 0.7900 | * | congestion | |
| R2 | 0.8050 | break level | S3 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | ||
| R1 | 0.8000 | ** | congestion | S4 | 0.7830~ | ** | 17 Sep 2025 (y) low |
Asterisk denotes strength of level
09:25 GMT - The break above 0.7950 has given way to consolidation, as mixed intraday studies keep near-term sentiment cautious. However, daily readings have ticked higher, suggesting room for continuation towards congestion resistance at 0.8000. But mixed weekly charts should limit any further break above here in consolidation beneath 0.8050. Meanwhile, support is down to congestion around 0.7900 and should underpin any immediate setbacks.