Published: 2026-10-29T09:33:07.000Z
Chart USD/CHF Update: Cautious trade
1
Little change, as prices extend cautious trade beneath resistance at 0.8300
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | ~0.8475 | ** | May 2025 (m) high | S1 | 0.8250 | congestion | ||
| R3 | 0.8395/00 | ** | 14 Oct YTD high; 50% ret | S2 | 0.8200 | * | congestion | |
| R2 | 0.8350 | * | break level | S3 | 0.8175 | ** | 50% ret of Aug-Oct rally | |
| R1 | 0.8300 | * | congestion lows | S4 | 0.8150 | congestion |
Asterisk denotes strength of level
09:15 GMT - Little change, as prices extend cautious trade beneath resistance at 0.8300. Intraday studies are under pressure, suggesting room for a drift lower towards congestion support at 0.8250. But positive daily readings should limit any initial tests in consolidation, before mixed/negative weekly charts prompt a break. A close below 0.8250 will add weight to sentiment and open up further congestion around 0.8200. By-then oversold daily stochastics could limit any initial tests in consolidation.
Meanwhile, any immediate tests above 0.8300 should meet renewed selling interest beneath 0.8350.