Published: 2025-09-18T08:34:15.000Z
Chart USD/CHF Update: Balanced above fresh 2025 year low
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Anticipated losses have posted a fresh 2025 year low at 0.7829
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8100 | * | congestion | S1 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | |
| R3 | 0.8050 | break level | S2 | 0.7829 | 17 Sep YTD low | |||
| R2 | 0.8000 | ** | congestion | S3 | 0.7800 | * | figure | |
| R1 | 0.7900 | congestion | S4 | 0.7710 | ** | September 2011 low |
Asterisk denotes strength of level
09:25 BST - Anticipated losses have posted a fresh 2025 year low at 0.7829, just below critical support at the 0.7850 multi-year Fibonacci retracement. A minor bounce is developing, as oversold daily stochastics and the bearish daily Tension Indicator flatten. But negative weekly readings are expected to limit any tests above congestion resistance at 0.7900 in renewed selling interest beneath 0.8000. Following cautious trade, fresh losses are looked for. A close below 0.7829/50 will add weight to sentiment and extend 2016 losses initially towards 0.7800.