Published: 2025-12-18T09:24:41.000Z
Chart USD/CHF Update: Consolidating
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Little change, as minor gains fade beneath 0.8000 into further consolidation around congestion support at 0.7950
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8155 | ** | 50% ret of May-Sep fall | S1 | 0.7950 | * | congestion | |
| R3 | 0.8100 | ** | break level | S2 | 0.7900 | * | congestion | |
| R2 | 0.8050 | break level | S3 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | ||
| R1 | 0.8000 | ** | congestion | S4 | 0.7830~ | ** | 17 Sep YTD low |
Asterisk denotes strength of level
09:20 GMT - Little change, as minor gains fade beneath 0.8000 into further consolidation around congestion support at 0.7950. Daily readings are mixed, highlighting further cautious trade, before bearish weekly charts prompt fresh losses. A close below 0.7950 will open up further congestion around 0.7900, with potential for continuation into critical multi-month support within the 0.7830~/50 range. Meanwhile, congestion resistance at 0.8000 should cap any immediate tests higher.