Published: 2025-11-21T09:40:51.000Z
Chart USD/CHF Update: Room for a minor test lower
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The test above resistance at 0.8050 has been pushed back from 0.8075
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8170~ | ** | 1 Aug (m) high | S1 | 0.8000 | ** | congestion | |
| R3 | 0.8155 | ** | 50% ret of May-Sep fall | S2 | 0.7950 | * | congestion | |
| R2 | 0.8100 | ** | break level | S3 | 0.7900 | * | congestion | |
| R1 | 0.8050 | break level | S4 | 0.7878 | * | 14 Nov (w) low |
Asterisk denotes strength of level
09:20 GMT - The test above resistance at 0.8050 has been pushed back from 0.8075, as intraday studies turn down, with prices currently balanced around 0.8050. A fresh test beneath here is highlighted. But rising daily readings are expected to limit scope in renewed buying interest/consolidation above congestion support at 0.8000. Meanwhile, resistance remains up to the 0.8100 break level, and should cap any immediate tests higher.