Published: 2025-11-20T09:40:38.000Z
Chart USD/CHF Update: Extending gains
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Anticipated gains have reached resistance at 0.8050
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8170~ | ** | 1 Aug (m) high | S1 | 0.8000 | ** | congestion | |
| R3 | 0.8155 | ** | 50% ret of May-Sep fall | S2 | 0.7950 | * | congestion | |
| R2 | 0.8100 | ** | break level | S3 | 0.7900 | * | congestion | |
| R1 | 0.8050 | break level | S4 | 0.7878 | * | 14 Nov (w) low |
Asterisk denotes strength of level
09:20 GMT - Anticipated gains have reached resistance at 0.8050, where unwinding overbought intraday studies are prompting short-term reactions. Daily readings continue to rise, however, highlighting room for still further gains in the coming sessions. Focus is expected to turn to 0.8100. But mixed weekly charts should limit any initial tests in consolidation. Meanwhile, support remains down to congestion around 0.8000 and should underpin any immediate setbacks.