Published: 2025-10-21T08:22:44.000Z
Chart USD/CHF Update: Cautious trade
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Little change, as mixed intraday studies keep near-term sentiment cautious
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8075 | 9 Oct (w) high | S1 | 0.7900 | congestion | |||
| R3 | 0.8050 | break level | S2 | 0.7873 | 17 Oct (w) low | |||
| R2 | 0.8000 | ** | congestion | S3 | 0.7850 | ** | 76.4% ret of 2011-2016 rally | |
| R1 | 0.7950 | * | recent lows | S4 | 0.7830~ | ** | 17 Sep YTD low |
Asterisk denotes strength of level
09:15 BST - Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around 0.7925. Oversold daily stochastics are flattening, suggesting room for a move towards resistance at 0.7950. But the negative daily Tension Indicator and mixed/negative weekly charts should limit any break in renewed selling interest beneath congestion around 0.8000. Following cautious trade, fresh losses are looked for. A later break back below congestion support at 0.7900 will add weight to sentiment and open up critical support at the 0.7850 Fibonacci retracement and the 0.7830~ current year low of 17 September.