Every read JAFX AI made on the USD/CHF daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Uptrend, momentum stalling · RSI 51 · price 0.80517
Higher highs into 0.8140, now pulling back.
Multi-week uptrend off the late-May low near 0.7795, with USD carried by Fed-hike pricing and a franc capped by SNB intervention rhetoric. The rally stalled at the 0.8139/0.8140 one-year high early last week and has since drifted back into the upper 0.80s, dipping under EMA20 while holding well above a rising EMA50. RSI has cooled from the highs toward neutral as the pullback matures.
Support: 0.8050, 0.8040
Resistance: 0.81227, 0.81394
What it said to watch
- Daily close below 0.8040 key support would negate the uptrend structure and open a deeper leg lower
- Failure to reclaim 0.8140 keeps the pair capped near the one-year high
- ISM Services (Mon) and FOMC minutes (Wed) could materially shift the USD read
21:03 UTC
Uptrend, momentum slowing · RSI 50 · price 0.80517
Higher highs into 0.8139, pulling back.
USDCHF has trended higher since the February 0.7672 base, printing a fresh one-year high at 0.8139 in mid-June before stalling. Price has spent the last two weeks capped between 0.8066 and 0.8140, and this session's close back at 0.80517 slips under EMA20 while holding above a rising EMA50 — the swing-trend filter still points up. The franc's softness is a USD-led story with Fed-hike pricing dominant, though CHF found asymmetric relief after the soft June payrolls headline.
Support: 0.8040, 0.8000, 0.7960
Resistance: 0.8100, 0.8139
What it said to watch
- Daily close below 0.8040 key support opens the path toward 0.8000 psych
- Reclaim of 0.8100 pivot re-engages the 0.8139 1yr high
- ISM Services Mon and FOMC minutes Wed could materially shift the USD read