Published: 2025-09-29T06:46:11.000Z
Chart USD/CHF Update: Settled back in consolidation from .8000 level
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Settled back from test of the .8000 level as price 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
06:40 GMT - Settled back from test of the .8000 level as price consolidate gains from the .7829, 17 September current year low. Pullback see support at the .7900 level which should underpin corrective pullback. Would take break here to return focus to the .7829 low and threaten extension of losses from the January high. The daily and weekly studies have turned up from oversold areas and suggest scope to further pressure the .8000 figure and open up room for stronger corrective gains.