Published: 2026-03-24T09:29:54.000Z
Chart USD/CHF Update: Leaning lower in choppy trade
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Anticipated tests higher has been pushed back sharply from beneath congestion resistance at 0.7950
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8040 | ** | 15-16 Jan YTD high | S1 | 0.7850 | * | congestion, recent lows | |
| R3 | 0.8000 | * | break level | S2 | 0.7825 | * | 38.2% ret of Jan-Mar rally | |
| R2 | 0.7950 | * | congestion | S3 | 0.7800 | * | break level | |
| R1 | 0.7900 | ** | congestion | S4 | 0.7780 | ** | 50% ret of Jan-Mar rally |
Asterisk denotes strength of level
09:20 GMT - Anticipated tests higher has been pushed back sharply from beneath congestion resistance at 0.7950, with prices testing below support at 0.7850 before settling into choppy trade around 0.7875. Daily readings continue to fall, highlighting room for a fresh test below 0.7850 towards the 0.7825 Fibonacci retracement. But rising weekly charts should limit any deeper losses in renewed buying interest/consolidation within 0.7780/00. Meanwhile, any immediate tests back above congestion resistance at 0.7900 should meet renewed selling interest towards 0.7950.