Published: 2025-09-17T08:45:33.000Z
Chart USD/CHF Update: Reached critical support at the 0.7850 multi-year Fibonacci retracement
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Anticipated losses have posted a fresh 2025 year low at critical support at the 0.7850 multi-year Fibonacci retracement
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8050 | break level | S1 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | ||
| R3 | 0.8000 | ** | congestion | S2 | 0.7800 | * | figure | |
| R2 | 0.7900 | congestion | S3 | 0.7710 | ** | September 2011 low | ||
| R1 | 0.7872 | ** | 1 Jul (m) low | S4 | 0.7600 | * | figure |
Asterisk denotes strength of level
09:25 BST - Anticipated losses have posted a fresh 2025 year low at critical support at the 0.7850 multi-year Fibonacci retracement. A minor bounce is developing, as oversold intraday studies unwind. But negative daily and weekly readings are expected to limit upside scope in renewed selling interest within resistance at the 0.7872 monthly low of 1 July and congestion around 0.7900. Following cautious trade, fresh losses are looked for. A close below 0.7850 will add weight to sentiment and extend 2016 losses initially towards 0.7800.