Published: 2026-03-10T09:35:59.000Z
Chart USD/CHF Update: Limited tests lower
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The anticipated break below 0.7800 has reached congestion support at 0.7750
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8000 | ** | congestion | S1 | 0.7750 | * | congestion | |
| R3 | 0.7950 | * | congestion | S2 | 0.7700 | * | break level | |
| R2 | 0.7880~/00 | * | 3 Mar high; cong | S3 | 0.7660 | congestion | ||
| R1 | 0.7800 | * | break level | S4 | 0.7630~ | * | 10 Feb (w) low |
Asterisk denotes strength of level
09:30 GMT - The anticipated break below 0.7800 has reached congestion support at 0.7750. However, daily stochastics continue to fall and the positive daily Tension Indicator is turning down, highlighting a deterioration in sentiment and room for a break. Focus will then turn to 0.7700, but positive weekly charts should limit any tests in renewed buying interest/consolidation. Meanwhile, a close back above 0.7800 would help to stabilise price action and give way to consolidation beneath 0.7880~/00.