Published: 2026-03-12T09:45:27.000Z
Chart USD/CHF Update: Higher in range - studies improving
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Cautious trade has given way to a drift higher to pressure resistance within the 0.7800 - 0.7825 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7880~/00 | ** | 3 Mar (w) high; cong | S1 | 0.7750 | * | congestion | |
| R3 | 0.7837 | 5 Mar high | S2 | 0.7700 | * | break level | ||
| R2 | 0.7825 | congestion | S3 | 0.7660 | congestion | |||
| R1 | 0.7800 | * | break level | S4 | 0.7630~ | * | 10 Feb (w) low |
Asterisk denotes strength of level
09:30 GMT - Cautious trade has given way to a drift higher to pressure resistance within the 0.7800 - 0.7825 range. Overbought intraday studies are unwinding, suggesting potential for consolidation within here, before improving daily readings and positive weekly charts prompt further gains. A close above here will help to improve sentiment and open up a test of the 0.7880~ weekly high of 3 March. Meanwhile, support remains at congestion around 0.7750 and should underpin any immediate setbacks.