19:04 UTC
Uptrend since Jan-2026 low, at 16-month high · RSI 65 · price 0.83388
Higher lows off 0.7604 base; 0.80–0.82 range top cleared.
USDCHF has been in an uptrend since the January 2026 low at 0.7604, with higher lows at 0.7762 in May and 0.7950 (aug low) in August. The late-September advance cleared the 0.8207 prior high, which had capped the 0.80–0.82 range, and printed a 16m high at 0.8359. Price sits well above a rising w1 ema50 near 0.8044 after spending most of H1 below it, and RSI near 65 is short of an extreme. The NFP miss (29K vs 90K) and the franc's safe-haven bid on global bond stress are the first test of the 2026 rally, with the May-2025 high at 0.8476 the next multi-quarter reference above.
Support: 0.8207, 0.8044, 0.7950
Resistance: 0.8359, 0.8476
What it said to watch
- Weekly close back below the 0.8207 prior high would mark a false break and return price to the 0.80–0.82 range
- Weekly close above the 0.8359 16m high opens the path toward the 0.8476 may-25 high
- A break of the rising trendline from the January low, now near 0.8100, and the w1 ema50 at 0.8044 would challenge the 2026 uptrend read
- Failure to hold the 0.7950 aug low would end the higher-low sequence
- ISM Services (Mon Oct 5) and Williams/Bowman remarks re-pricing October Fed hike odds could materially shift this read after the NFP miss