21:02 UTC
Uptrend, momentum cooling near highs · RSI 62 · price 0.80881
Higher highs / higher lows, consolidating below YTD high.
USDCHF has been in a multi-week uptrend, holding above EMA(50) on D1 since the mid-June acceleration that drove the pair to an 11-month high at 0.8140 — a move framed by the digest as a USD-strength story on hawkish-Fed repricing versus a dovish SNB. The last five sessions have stalled and consolidated between 0.8060 and 0.8140, with price now pinned just under the 0.8100 pivot. RSI in the low-60s reflects momentum easing rather than any overbought exhaustion.
Support: 0.8040, 0.7980
Resistance: 0.8100, 0.8140, 0.8200
What it said to watch
- Daily close above 0.8100 pivot re-opens 0.8140 ytd high and 0.8200
- Failure to hold 0.8040 key support would break the recent higher-low chain
- Swiss CPI Thu 06:30 UTC and US NFP Fri 12:30 UTC could materially shift this read