Published: 2025-11-14T07:28:26.000Z
Chart USD/CHF Update: Extending losses from .8124 swing high
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Under pressure, as prices extend losses from the .8124 high of last week to approach the .7900 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8100/24 | ** | congestion, 5 Nov high | S1 | 0.7900 | * | congestion | |
| R3 | 0.8038 | * | Apr low | S2 | 0.7830 | ** | 17 Sep YTD low | |
| R2 | 0.8000 | * | congestion | S3 | 0.7800 | * | congestion | |
| R1 | 0.7950 | * | congestion | S4 | 0.7710 | * | Sep 2011 low |
Asterisk denotes strength of level
07:20 GMT - Under pressure, as prices extend losses from the .8124 high of last week to approach the .7900 level. Reaction here can be expected to unwind oversold intraday and daily studies. However, bearish structure from the January high suggest consolidation giving way to renewed selling pressure later for retest of the .7830, September current year low. Meanwhile, resistance is lowered to the .7950/.8000 congestion area which is expected to cap and limit corrective bounce. Above here will ease the downside pressure and see room to .8100/24 resistance.