Published: 2025-10-02T07:22:01.000Z
Chart USD/CHF Update: Lower in consolidation from test of .8000
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Leaning lower from test of the .8000 level as prices consolidate gains from the .7829, 17 September current year low
Level | Comment | Level | Comment | |||||
---|---|---|---|---|---|---|---|---|
R4 | 0.8132 | * | 11 Aug high | S1 | 0.7900 | * | congestion | |
R3 | 0.8100 | * | congestion | S2 | 0.7829 | ** | 17 Sep YTD low | |
R2 | 0.8050 | * | congestion | S3 | 0.7800 | * | figure | |
R1 | 0.8000 | ** | congestion | S4 | 0.7711 | ** | Sep 2011 low |
Asterisk denotes strength of level
07:15 GMT - Leaning lower from test of the .8000 level as prices consolidate gains from the .7829, 17 September current year low. Pullback see support at the .7915/00 area which should underpin and limit corrective pullback. Would take break here to return focus to the .7829 low and further extend losses from the January high. Would take break of resistance at the .8000 figure to open up room for stronger correction of the August/September losses to the .8050/.8100 congestion area.