Chart USD/CHF Update: Balanced beneath fresh year high
Cautious trade has given way to a test above the 0.8125 monthly high of 5 November 2025
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8200 | ** | congestion | S1 | 0.8100 | * | congestion | |
| R3 | 0.8170 | ** | 1 August 2025 (m) high | S2 | 0.8040/43 | ** | Jan-Mar (m) highs | |
| R2 | 0.8140 | 24 Jun YTD high | S3 | 0.8000 | ** | congestion | ||
| R1 | 0.8125 | ** | 5 November 2025 (m) high | S4 | 0.7950 | * | congestion |
Asterisk denotes strength of level
09:25 BST - Cautious trade has given way to a test above the 0.8125 monthly high of 5 November 2025, with prices posting a fresh year high at 0.8140 before settling lower into consolidation above congestion support at 0.8100. Intraday studies are under pressure and overbought daily stochastics are turning down, suggesting room for a test below 0.8100. However, the positive daily Tension Indicator and rising weekly charts should limit scope in renewed buying interest/consolidation above the 0.8040/43 highs from January-March. Following cautious/corrective trade, fresh gains are looked for. A close above 0.8125/40 will improve sentiment and extend late-January gains towards the 0.8170 high of August.