Every read JAFX AI made on the USD/CHF 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Uptrend broken, rolling over · RSI 43 · price 0.80728
Sharp reversal from 0.8205, lower high forming.
USDCHF climbed to 13-month highs near 0.8205 on the SNB-on-hold theme before a sharp reversal, forming a double top around 0.8205 and slicing through prior swing support down to 0.8039 on a heavy-volume bar. Price now consolidates sub-0.808 below both EMAs, with the bounce capping at 0.8129 keeping the lower-high structure intact. Swiss CPI Mon 06:30 GMT and US ISM Mon 14:00 UTC are the immediate structural tests.
Support: 0.8039, 0.8000
Resistance: 0.8129, 0.8205
What it said to watch
- H4 close back above 0.8129 bounce high negates the lower-high read
- Failure to hold 0.8039 swing low exposes 0.8000 psych
- Swiss CPI and US ISM Monday could materially shift this read
21:03 UTC
Uptrend reversed, momentum bearish · RSI 42 · price 0.80728
Double top then breakdown, consolidating lower.
An eight-day advance to 13-month highs stalled at a double top near 0.8205, then broke down hard through 0.8100 with a heavy-volume crash bar into the 0.8039 swing low, the sharp reversal tied to intervention-speculation and profit-taking after the SNB-hold rally. Price is now consolidating around 0.8073, back below EMA20 and EMA50 with the 50-day SMA (~0.8027) and 0.8000 psych level below. The bounce from 0.8039 has stalled under prior support-turned-resistance at 0.8110.
Support: 0.8039, 0.8027, 0.8000
Resistance: 0.8110, 0.8205
What it said to watch
- Swiss CPI Mon 06:30 GMT and ISM Mon 14:00 UTC could materially shift this read
- H4 close back above 0.8110 would neutralise the breakdown read
- Failure to hold 0.8039 exposes the 50-day sma ~0.8027 and 0.8000 psych