Published: 2025-10-15T08:29:59.000Z
Chart USD/CHF Update: Leaning lower in range
2
Cautious trade beneath resistance at 0.8050 is giving way to a drift lower
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8170~ | ** | 1 Aug YTD high | S1 | 0.8000 | ** | congestion | |
| R3 | 0.8100 | * | congestion | S2 | 0.7950 | * | recent lows | |
| R2 | 0.8075 | 9 Oct (w) high | S3 | 0.7900 | congestion | |||
| R1 | 0.8050 | break level | S4 | 0.7850 | ** | 76.4% ret of 2011-2016 rally |
Asterisk denotes strength of level
09:20 BST - Cautious trade beneath resistance at 0.8050 is giving way to a drift lower, as intraday studies turn down, with prices currently pressuring congestion support at 0.8000. Daily readings are also under pressure, highlighting room for a break beneath here towards 0.7950. However, rising weekly charts are expected to limit any deeper losses in renewed buying interest above congestion around 0.7900. Meanwhile, resistance remains at 0.8050 and should continue to cap any immediate tests higher.