Published: 2026-02-26T09:33:54.000Z
Chart USD/CHF Update: Further range trade
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The anticipated minor test lower has met buying interest at 0.7710
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7900 | ** | congestion | S1 | 0.7700 | * | break level | |
| R3 | 0.7830~ | * | 17 Sep 2025 (y) low | S2 | 0.7660 | congestion | ||
| R2 | 0.7800 | * | break level | S3 | 0.7635~ | * | 10 Feb (w) low | |
| R1 | 0.7750 | congestion | S4 | 0.7600 | ** | 28 Jan YTD low |
Asterisk denotes strength of level
09:25 GMT - The anticipated minor test lower has met buying interest at 0.7710, as oversold intraday studies turn higher, with prices currently trading around 0.7735. Immediate focus is turning back to congestion resistance at 0.7750. But negative daily readings are expected to limit any initial tests in consolidation, before improving weekly charts prompt a break and extend gains towards 0.7800. Meanwhile, a break below support at 0.7700, if seen, should be limited in consolidation above congestion around 0.7660.