Published: 2025-12-08T07:07:41.000Z
Chart USD/CHF Update: Extend consolidation below .8100
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Limited on break of the .8000 level with bounce from the .7990 low extending consolidation within the .8100/.8000 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8200 | * | congestion | S1 | 0.8000 | * | congestion | |
| R3 | 0.8170 | ** | 1 Aug high | S2 | 0.7950 | * | congestion | |
| R2 | 0.8124 | * | 5 Nov high | S3 | 0.7900 | * | congestion | |
| R1 | 0.8100 | * | congestion | S4 | 0.7830 | ** | 17 Sep YTD low |
Asterisk denotes strength of level
06:50 GMT - Limited on break of the .8000 level with bounce from the .7990 low extending consolidation within the .8100/.8000 range area. Break of the .7990 low needed to open up room for retest of the .7900 congestion. Would take break of the latter, but not expected, to expose the .7830, 17 September multi-year low to retest. Meanwhile, a close above .8100 is needed to open up room for stronger gains to retrace losses from the January high and see extension to retest strong resistance at .8124/.8170, November/August highs, then the .8200 congestion.