Published: 2026-03-13T09:28:16.000Z
Chart USD/CHF Update: Pushing higher
1
Cautious trade has given way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | * | break level | S1 | 0.7825 | congestion | ||
| R3 | 0.7950 | * | congestion | S2 | 0.7800 | * | break level | |
| R2 | 0.7900 | ** | congestion | S3 | 0.7750 | * | congestion | |
| R1 | 0.7880~ | ** | 3 Mar (w) high | S4 | 0.7700 | * | break level |
Asterisk denotes strength of level
09:20 GMT - Cautious trade has given way to anticipated gains, with prices currently pressuring strong resistance at the 0.7880~ weekly high of 3 March and congestion around 0.7900. Intraday studies are flat in overbought areas, suggesting potential for minor consolidation within here. But daily readings are positive and broader weekly charts are rising, highlighting room for a later break and continuation of late-January gains initially to congestion around 0.7950. Meanwhile, support is raised to 0.7800/25, and should underpin any immediate setbacks.