Published: 2026-04-27T08:34:08.000Z
Chart USD/CHF Update: Cautious trade
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Little change, as prices extend cautious trade around congestion support at 0.7850
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8040 | ** | Jan-Mar (y) highs | S1 | 0.7850 | * | congestion | |
| R3 | 0.8000 | ** | break level | S2 | 0.7800 | * | congestion | |
| R2 | 0.7950 | * | congestion | S3 | 0.7770 | ** | 61.8% ret of Jan-Mar rally | |
| R1 | 0.7900 | ** | congestion | S4 | 0.7750 | * | congestion |
Asterisk denotes strength of level
09:30 BST - Little change, as prices extend cautious trade around congestion support at 0.7850. Intraday studies are under pressure, highlighting room for a break beneath here towards further congestion around 0.7800. Still lower is the 0.7770 Fibonacci retracement. But rising daily readings should limit any initial tests of this range in consolidation. A break, however, would turn sentiment negative and extend late-March losses below congestion around 0.7750. Meanwhile, resistance is up to congestion around 0.7900, and should cap any immediate tests higher