Published: 2025-10-01T07:11:05.000Z
Chart USD/CHF Update: Leaning lower in consolidation from the .8000 level
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Leaning lower from test of the .8000 level to prices retrace gains from the .7829, 17 September current year low
Level | Comment | Level | Comment | |||||
---|---|---|---|---|---|---|---|---|
R4 | 0.8132 | * | 11 Aug high | S1 | 0.7900 | * | congestion | |
R3 | 0.8100 | * | congestion | S2 | 0.7829 | ** | 17 Sep YTD low | |
R2 | 0.8050 | * | congestion | S3 | 0.7800 | * | figure | |
R1 | 0.8000 | ** | congestion | S4 | 0.7711 | ** | Sep 2011 low |
Asterisk denotes strength of level
07:00 GMT - Leaning lower from test of the .8000 level to prices retrace gains from the .7829, 17 September current year low. Support is at the .7915/00 area which should underpin and limit corrective pullback. Would take break here to return focus to the .7829 low and further extend losses from the January high. Meanwhile, resistance is at the .8000 figure and clearance here will open up room for stronger correction of the January/September losses to the .8050/.8100 congestion area.