Chart USD/CHF Update: Any gains to remain limited
Still little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around congestion resistance at 0.8100
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8220 | ** | 38.2% ret of 2025-2026 fall | S1 | 0.8050 | break level | ||
| R3 | 0.8200/07 | ** | cong; 29 Jul YTD high | S2 | 0.8000 | ** | congestion | |
| R2 | 0.8150 | congestion | S3 | 0.7950 | * | 20 Aug (w) low | ||
| R1 | 0.8100 | * | congestion | S4 | 0.7930 | ** | 61.8% ret of May-Jul rally |
Asterisk denotes strength of level
09:10 BST - Still little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around congestion resistance at 0.8100. A tick higher in intraday studies highlights room for a test above here in CHF-dominant trade. But mixed daily and weekly charts should limit initial scope in renewed consolidation beneath further congestion around 0.8150.
Meanwhile, support remains at 0.8050. A close beneath here would add weight to sentiment and open up a test of congestion support at 0.8000. Mixed studies could limit any initial tests in consolidation.