Published: 2026-08-27T08:30:13.000Z
Chart USD/CHF Update: Drifting higher
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The break above 0.8050 is giving way to consolidation beneath the 0.8065~ high of 26 August
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8220 | ** | 38.2% ret of 2025-2026 fall | S1 | 0.8050 | break level | ||
| R3 | 0.8200/05~ | ** | congestion; 29 Jul YTD high | S2 | 0.8000 | ** | congestion | |
| R2 | 0.8150 | congestion | S3 | 0.7950 | * | 20 Aug (w) low | ||
| R1 | 0.8100 | * | congestion | S4 | 0.7930 | ** | 61.8% ret of May-Jul rally |
Asterisk denotes strength of level
09:20 BST - The break above 0.8050 is giving way to consolidation beneath the 0.8065~ high of 26 August, as intraday studies turn mixed. Daily stochastics continue to rise and the daily Tension Indicator is also turning positive, suggesting room for further gains in the coming sessions. A break above 0.8065 will open up congestion resistance at 0.8100. But negative weekly charts should limit any tests above here in consolidation within congestion beneath 0.8150.
Meanwhile, a close back below 0.8050, not yet seen, will help to stabilise price action and prompt consolidation above congestion support at 0.8000.