Published: 2025-12-19T09:14:06.000Z
Chart USD/CHF Update: Further consolidation
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Still little change, as prices extend consolidation around congestion support at 0.7950
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8155 | ** | 50% ret of May-Sep fall | S1 | 0.7950 | * | congestion | |
| R3 | 0.8100 | ** | break level | S2 | 0.7900 | * | congestion | |
| R2 | 0.8050 | break level | S3 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | ||
| R1 | 0.8000 | ** | congestion | S4 | 0.7830~ | ** | 17 Sep YTD low |
Asterisk denotes strength of level
09:10 GMT - Still little change, as prices extend consolidation around congestion support at 0.7950. Daily readings are mixed, highlighting further cautious trade, before bearish weekly charts prompt fresh losses. A close below 0.7950 will open up further congestion around 0.7900, with potential for continuation into critical multi-month support within the 0.7830~/50 range. Meanwhile, congestion resistance at 0.8000 should cap any immediate tests higher.