Published: 2026-05-15T08:35:32.000Z
Chart USD/CHF Update: Edging higher
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Cautious trade has given way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | ** | congestion | S1 | 0.7800 | * | congestion | |
| R3 | 0.7950 | * | congestion | S2 | 0.7770 | ** | 61.8% ret of Jan-Mar rally | |
| R2 | 0.7900 | ** | congestion | S3 | 0.7750 | * | congestion | |
| R1 | 0.7850 | * | congestion | S4 | 0.7700/10 | ** | congestion; 76.4% ret |
Asterisk denotes strength of level
09:25 BST - Cautious trade has given way to anticipated gains, with prices currently testing levels just above congestion resistance at 0.7850. Daily readings continue to rise, highlighting room for a test of further congestion around 0.7900. But mixed weekly charts should limit any initial tests in consolidation. Meanwhile, support remains down to congestion around 0.7800 and should underpin any immediate setbacks.