Published: 2026-10-27T09:34:26.000Z
Chart USD/CHF Update: Extending gains
1
Cautious trade above 0.8250 has given way to anticipated gains
| 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
09:25 GMT - Cautious trade above 0.8250 has given way to anticipated gains, with focus turning to resistance at 0.8300. Flat overbought intraday studies could limit any initial tests in consolidation, before the rising intraday Tension Indicator and positive daily readings prompt a break. Resistance at 0.8350 will then attract. But mixed/negative weekly charts should limit any initial tests in consolidation.
Meanwhile, a close back below congestion support at 0.8250 will turn sentiment neutral and prompt consolidation above further congestion around 0.8200.