USDCHF has printed lower highs since Monday's 0.8254 week high. Monday's London-open selloff and Tuesday's hot Swiss CPI beat (1.5% y/y) carried it to a 0.8149 week low. The NY session then reversed the move as US JOLTS beat, breaking the lower-highs line and stalling at the 0.8217 rebound high, right at the 61.8% fib of the week's drop. Price is now coiling in a roughly 10-pip range above EMA(20) at 0.8199, with RSI(14) near 62 as midterm results land.
Support: 0.8199, 0.8176, 0.8149
Resistance: 0.8217, 0.8248, 0.8254
What it said to watch
H1 close above the 0.8217 rebound high clears the 61.8% fib and opens the 0.8248 weekly open
Loss of ema20 at 0.8199 puts the 0.8176 monday low back in focus, then the 0.8149 week low
US Senate control call overnight could materially shift this read
ADP 13:15 UTC and ISM Services 15:00 UTC Wednesday are the next USD-side catalysts for the range
Lower highs from 0.8297; low at 0.8149, then break of Monday lower highs.
USD/CHF has printed lower highs since Thursday's 0.8297 peak. The week opened at 0.8248 and set its week high at 0.8254 early Monday. Monday's London session drove the slide, and Tuesday's hot Swiss CPI extended it to a seven-week week low at 0.8149, where the move met rejection. The NY-session rebound on the JOLTS beat broke the line of Monday lower highs and stalled at the Tuesday high of 0.8217, near the 61.8% fib. Price now sits in a tight late-NY consolidation above EMA(20) at 0.8198 and EMA(50) near 0.8203, with RSI(14) back at 56.
Support: 0.8198, 0.81761, 0.81491
Resistance: 0.82169, 0.82475, 0.82535
What it said to watch
H1 close above the Tuesday high at 0.8217 opens the path toward the weekly open at 0.8248 and the week high at 0.8254
A close back below EMA(20) near 0.8198 puts the Monday low at 0.8176 and the week low at 0.8149 back in focus
US midterm results from ~23:00 UTC, then ADP and ISM Services on Wednesday, could materially shift this read
SNB Chairman Schlegel on Thursday at 13:30 UTC is the next CHF catalyst after the CPI beat
Lower highs and lows since Thursday; Tuesday rebound retraced 61.8% of the week's drop.
The week opened at 0.8248 and the sell-off ran through Monday's London session. The hot Swiss CPI print at Tuesday's London open extended it to a week low of 0.8149. A rebound in NY hours, helped by the JOLTS beat, carried price to the Tue high of 0.8217, just past the 61.8% retracement of the week's drop. Price is now holding above EMA(20) near 0.8196 and sitting on EMA(50) with RSI(14) near 63, in a tight post-NY consolidation.
Support: 0.8196, 0.8180, 0.8149
Resistance: 0.8217, 0.8248, 0.8254
What it said to watch
H1 close above the 0.8217 Tue high clears the 61.8% fib and opens the path to the 0.8248 week open and 0.8254 week high
Loss of EMA(20) and then the 0.8180 higher low breaks the rebound lows trendline and points back to the 0.8149 week low
US midterm results from ~23:00 UTC tonight could materially shift this read
Wed ADP (13:15 UTC) and ISM Services (15:00 UTC), then SNB Schlegel Thu 13:30 UTC, are the next drivers for both legs
19:03 UTC
Downtrend, sharp NY rebound · RSI 59 · price 0.82058
Lower highs since Friday; rebound stalled at 61.8% retracement, holding 50%.
USDCHF has printed lower highs since Friday's 0.8256 peak. London-session selling on Monday and the hot Swiss CPI beat drove a 105-pip slide from the 0.8253 week high to a seven-week week low at 0.8149 at Tuesday's London open. The NY session reversed most of it on the JOLTS and factory orders beats, breaking the lower-highs trendline. The 0.8217 day high capped near the 61.8% retracement, just under Monday's 0.8218 swing, and price now holds the 50% fib at 0.8200, above EMA(20) near 0.8195 and flat against EMA(50) around 0.8205.
Support: 0.8200, 0.8176, 0.8149
Resistance: 0.8217, 0.8253
What it said to watch
H1 close above the 0.8217 day high and Monday's 0.8218 swing breaks the lower-high sequence and opens the path to the 0.8253 week high
Failure to hold the 50% fib at 0.8200 and EMA(20) returns focus to the 0.8176 monday low, then the 0.8149 week low
US midterm results from ~23:00 UTC tonight could materially shift the USD leg
Wed ADP (13:15 UTC) and ISM Services (15:00 UTC), then SNB Chairman Schlegel on Thu at 13:30 UTC, are the next structural catalysts
Lower highs and lower lows since Friday; lower-highs line broken on the rebound.
USD/CHF has printed lower highs and lower lows since Friday's 0.8256 peak. London drove Monday's slide below the weekly open, and London again led Tuesday's flush to a 0.8149 week low on the hot Swiss CPI beat. NY hours then brought a ~68-pip rebound on firm US data and Iran-related oil gains, breaking the lower-highs line and lifting price back above EMA(20) and EMA(50) with RSI(14) near 54. The bounce stalled at the Tuesday high of 0.8217, just through the 61.8% retracement of the week's leg down, and is now holding around the 50% level near 0.8201.
Support: 0.8195, 0.8176, 0.8149
Resistance: 0.8217, 0.8248, 0.8254
What it said to watch
Hourly close above the Tuesday high at 0.8217 extends the rebound beyond 61.8% toward the weekly open at 0.8248 and the 0.8254 week high
Failure to hold EMA(20) near 0.8195, then the Monday low at 0.8176, would re-expose the week low at 0.8149 and reinstate the lower-low sequence
US midterm results from ~23:00 UTC tonight and Wednesday's ADP / ISM Services could materially shift this read
SNB Chairman Schlegel on Thursday 13:30 UTC is the first policy reaction to the 1.5% CPI print
Lower highs/lows from 0.8309; bounce testing 61.8% of week's leg.
USDCHF has printed lower highs and lower lows since the post-Fed 0.8309 peak. Monday's London open leg ran lower from the 0.8248 weekly open, and Tuesday's hot Swiss CPI extended the slide to a 0.8149 week low. The rebound since then gained pace into the NY session on the JOLTS and factory orders beats, broke the lower-high line from Monday's 0.8253 week high and stalled at a 0.8217 session high near the 61.8% retracement. Price is back above EMA(20) and marginally above EMA(50), with RSI(14) at 58 after a sub-30 low.
Support: 0.8200, 0.81761, 0.81491
Resistance: 0.82169, 0.82475, 0.82535
What it said to watch
H1 close above the 0.8217 session high and 61.8% retracement opens the 0.8248 weekly open and 0.8253 week high
Slip back below the 0.8200 round number and EMA(20) near 0.8194 keeps the downtrend sequence intact, with the 0.8176 monday low next
Loss of the 0.8149 week low confirms a fresh lower low
US midterm results from ~23:00 UTC, then ADP and ISM Services on Wednesday, could materially shift this read
SNB's Schlegel on Thursday at 13:30 UTC is the first policy reaction to the CPI beat
Lower highs from 0.8309; descending trendline broken on CPI-low bounce.
Lower highs from last week's 0.8309 FOMC peak carried into a London-led slide on Monday, and the hot Swiss CPI print set a week low at 0.8149 at today's London open. The drop from Monday's week high has since been retraced by more than half, breaking the descending trendline and reclaiming EMA(20) at 0.8192 and the 0.8200 handle. Firm JOLTS lifted the NY session to a day high of 0.8217, near the 61.8% fib, with RSI(14) near 60 and a higher low at 0.8180 now under the bounce.
Support: 0.8192, 0.8180, 0.8149
Resistance: 0.8217, 0.8248, 0.8254
What it said to watch
Hourly close above the 0.8217 day high exposes the weekly open at 0.8248 and the week high at 0.8254
Break back below EMA(20) at 0.8192 would leave the bounce as a lower high inside the downtrend
Failure to hold the 0.8180 higher low returns focus to the 0.8149 week low
US midterm results from ~23:00 UTC tonight, then Wed ADP and ISM Services, could reshape the USD leg
SNB's Schlegel speaks Thu 13:30 UTC, the first official reaction to the 1.5% CPI
Swing lower highs from 0.8256; false break below 0.8176 reclaimed.
London sessions drove both legs of the decline from Monday's week high at 0.8253: first the London-open break through 0.8220, then today's hot Swiss CPI print, which extended CHF gains to a seven-week low at 0.8149. That move below Monday's prior low at 0.8176 did not hold. The rebound has reclaimed EMA(20) near 0.8190 and the 50% retracement near 0.8201, and today's session high at 0.8208 sits just above Monday's NY cap at 0.8204. Price is now pressing EMA(50) around 0.8205, with RSI(14) back to the low 50s from the week's lows.
Support: 0.8190, 0.8176, 0.8149
Resistance: 0.8208, 0.8218, 0.8253
What it said to watch
Hourly close above the 0.8208 session high and the 61.8% retracement at 0.8214 brings the 0.8218 lower high into play; clearing it breaks the lower-high sequence toward the 0.8253 week high
Slip back below ema20 near 0.8190 and the rising higher-low line returns focus to the 0.8176 prior low
Fresh close below the 0.8149 week low resumes the downtrend sequence
JOLTS at 15:00 UTC and US midterm results from 23:00 UTC could materially shift this read
SNB Chairman Schlegel on Thu 13:30 UTC is the next CHF catalyst after the CPI beat
Lower highs and lower lows since weekly open; rebound capped at 0.8204.
USDCHF has printed lower highs and lower lows since Monday's weekly open at 0.8248. London sessions drove the decline: Monday's London drop, then today's Swiss CPI beat (1.5% y/y vs 1.3%), which pushed price through the Monday low to a week low of 0.8149. The bounce has retraced about half of the week leg from 0.8254 but stalled at 0.8204, the ema50 cap that also turned back Monday's NY session, while price holds just above EMA(20) with RSI(14) back near 50 from sub-30.
Support: 0.8188, 0.8176, 0.8149
Resistance: 0.8204, 0.8218, 0.8248
What it said to watch
H1 close above the 0.8204 ema50 cap breaks the lower-highs sequence and exposes the 0.8218 lower high, then the 0.8248 weekly open
Loss of EMA(20) near 0.8188 puts the 0.8176 Monday low back in play; failure there reopens the 0.8149 week low
JOLTS at 15:00 UTC and midterm results from ~23:00 UTC could materially shift this read
SNB's Schlegel on Thu 13:30 UTC is the next CHF catalyst following the CPI beat
Lower highs from Friday's 0.8256, price testing lower-high trendline.
The week opened at 0.8248 and selling has dominated, with Monday's London open driving the slide that ended at the 0.8176 monday low late in the NY session. Today's hot Swiss CPI (1.5% y/y vs 1.3%) pushed the pair to a fresh week low at 0.8149 ahead of London open, but the break below Monday's low did not hold. Price has since reclaimed EMA(20) and is pressing the 50% fib of the Friday high-to-week low drop at 0.8204, which lines up with the lower-high trendline, while EMA(50) sits just overhead and RSI(14) has recovered to the mid-50s.
Support: 0.8190, 0.8176, 0.8149
Resistance: 0.8204, 0.8218, 0.8256
What it said to watch
H1 close above 0.8204 (50% fib and lower-high trendline) breaks the lower-high sequence and exposes the 0.8218 lower high
Acceptance through 0.8218 would bring the 0.8256 friday high, also the 0.8255 resistance level cited in the macro digest, back into play
Slip back below the 38.2% fib at 0.8190 returns focus to the 0.8176 monday low and 0.8149 week low
US JOLTS and Factory Orders at 15:00 UTC today could materially shift this read
Midterm results Wed morning and SNB's Schlegel on Thu 13:30 UTC are the next drivers for both legs
Lower highs and lower lows since the 0.8248 weekly open; rebound testing 0.8200.
USD/CHF has printed lower highs and lower lows since the 0.8248 weekly open. The main leg lower came in Monday's London session and extended to a 0.8149 week low at Tuesday's London open as the hot Swiss CPI print (1.5% y/y) lifted CHF. Price has since recovered about 45 pips back above ema20 at 0.8187 and is pressing the lower-highs line and the 0.8200 round number, which sits at the 50% fib of the week's drop, with RSI(14) back near 51 from the mid-30s.
Support: 0.8187, 0.8176, 0.8149
Resistance: 0.8200, 0.8218, 0.8248
What it said to watch
An H1 close above the 0.8200 round number and the lower-highs line breaks the sequence and opens Monday's 0.8218 lower high
Rejection at 0.8200 and a close back below ema20 at 0.8187 puts the 0.8176 monday low and the 0.8149 week low back in focus
JOLTS at 15:00 UTC today, then Wednesday's midterm results, ADP and ISM Services, could materially shift this read
SNB Chairman Schlegel on Thu 13:30 UTC is the main CHF-side risk to the current structure
Lower highs and lower lows since Monday's high; rebound stalling at 38.2% retracement.
USD/CHF has printed lower highs and lower lows since the weekly open at 0.8248. Monday's London session drove the first leg, and today's hot Swiss CPI (1.5% y/y vs 1.3%) spiked the pair to a 0.8149 cpi low as the soft USD tone added pressure. The London-morning rebound has pushed just through the lower-highs line from Monday's high but is stalling at the 38.2% fib near 0.8189, with price flat against EMA(20) and RSI(14) recovering to the high 40s.
Support: 0.8176, 0.8149
Resistance: 0.8189, 0.8200, 0.8248
What it said to watch
H1 close above the 0.8200 asian high, which aligns with the 50% fib, breaks the lower-high sequence and brings the weekly open at 0.8248 into view
Failure to hold the monday low at 0.8176 returns focus to the cpi low at 0.8149 and the 0.8140 support zone
US JOLTS today at 15:00 UTC and midterm results Wed morning could materially shift this read
SNB Chairman Schlegel speaks Thu 13:30 UTC, the first SNB read after the CPI beat
Lower highs and lower lows since Monday; rebound stalling under ema20.
USD/CHF has made lower highs and lower lows since the week open at 0.8248, with Monday's London-session slide breaking 0.8200 as softer oil and yields weighed on USD. The hot Swiss CPI (1.5% y/y vs 1.3%) then drove a spike to the 0.8149 cpi low around Tuesday's London open, followed by a rejection that lifted price back above the 0.8176 monday low. The rebound now sits just under the ema20 near 0.8186 and the 38.2% retrace, with RSI(14) back to ~40 from the mid-20s.
Support: 0.8176, 0.8149
Resistance: 0.8186, 0.8200, 0.8248
What it said to watch
H1 close above the 0.8186 ema20 and the 0.8200 asia high breaks the lower-highs trendline and challenges the downtrend read
Failure to hold the 0.8176 monday low reopens the 0.8149 cpi low
Recovery toward the 0.8248 week open would need a renewed USD bid, e.g. a GOP upset in the midterm results due Wed
JOLTS and Factory Orders today 15:00 UTC, then Schlegel Thu 13:30 UTC, could materially shift this read
Lower highs and lower lows since Monday; CPI break below Monday low.
USDCHF has printed lower highs since Monday's 0.8253 Asia-session peak near the weekly open. London drove the break through 0.8200 as the USD softened on US-Iran diplomacy hopes and lower oil. Tuesday's hotter Swiss CPI at the London open then flushed price through the 0.8176 Monday low to a 0.8149 week low, where demand stepped in; price now sits below the ema20 near 0.8185 with RSI(14) around 35, not oversold.
Support: 0.8149, 0.8100
Resistance: 0.8176, 0.8185, 0.8200
What it said to watch
An H1 close back above the 0.8176 Monday low would put the CPI break in question; a recovery through the ema20 near 0.8185 and the 0.8200 Asia high (50% fib of the week drop) would break the lower-highs line
Failure to hold the 0.8149 week low extends the lower-low sequence, with the 0.8100 big figure the next reference
US JOLTS today at 15:00 UTC and midterm results Wed morning could materially shift this read
SNB's Schlegel speaks Thu 13:30 UTC; any intervention language could trigger a snapback from stretched levels
08:02 UTC
Downtrend, extending to new lows · RSI 31 · price 0.81605
Lower highs every session since the 0.8309 high; Monday low broken.
USD/CHF has printed lower highs since Wednesday's 0.8309 peak. The week high at 0.8254 came in Monday's Asia session, and the London open broke below 0.8200, in line with the softer-USD, oil-driven tone in the digest. Today's Asia high at 0.8200 capped the bounce, near the 50% fib of the week's drop, and the London-open bar around the Swiss CPI release cut through the Monday low at 0.8176 to a 0.8149 session low. Price sits below both EMAs with RSI(14) near 31, close to oversold but not yet diverging.
Support: 0.8149, 0.8100
Resistance: 0.8176, 0.8200, 0.8254
What it said to watch
H1 close back above the 0.8176 Monday low would turn today's break into a false break
Failure to hold the 0.8149 session low exposes the 0.8100 psych level
A push through the lower-highs trendline (near 0.8187) and the 0.8200 Asia high would break the lower-high sequence; the week high at 0.8254 sits above
Swiss CPI actual (not yet in feed), JOLTS at 15:00 UTC and overnight US midterm results could materially shift this read
Lower highs and lower lows since Friday's NY high; fresh week low in Asia.
Lower highs have stacked since Friday's 0.8256 NY high. Monday's London session drove the dominant leg away from the 0.8248 weekly open, as broad USD softness on US-Iran deal hopes and falling oil outweighed the ISM beat. The Asia bounce found rejection at the 0.8200 asia high just above EMA(20), and price has since slipped to a fresh week low near 0.8172 with RSI(14) in the mid-30s, not yet oversold.
Support: 0.8172, 0.8165
Resistance: 0.8190, 0.8200, 0.8248
What it said to watch
Swiss CPI at 07:30 UTC (f/c 1.3% YoY) could materially shift this read
Failure to hold the 0.8172 week low exposes next support at 0.8165
H1 close back above the ema20 at 0.8190 and the 0.8200 asia high breaks the lower-highs trendline
Recovery through the 0.8214 38.2% retracement of Friday's high-to-week low leg, toward the 0.8248 weekly open, would weaken the downtrend read
US JOLTS at 15:00 UTC and midterm headlines are the next USD-side risk
Lower highs and lower lows since Friday's 0.8256 peak; testing the week low.
Monday's London session took USDCHF from just above the weekly open at 0.8248 through last week's 0.8194 low and the 0.8200 area. USD sagged as oil slid on US-Iran deal hopes, outweighing the ISM Manufacturing beat, and the decline extended to a week low of 0.8176 late in NY. Tuesday's Asia session bounce retested 0.8200 from below and was rejected at the 0.8200 asia high, short of the 38.2% retracement of Monday's drop near 0.8206. Price is back under EMA(20) near 0.8188, with RSI(14) at 37 and no bullish divergence at the lows.
Support: 0.81761
Resistance: 0.8188, 0.82001, 0.82475
What it said to watch
Swiss CPI at 07:30 UTC (f/c 1.3% YoY, 0% MoM): a hot print could push price through the 0.8176 week low
H1 close below the 0.8176 week low extends the lower-low sequence
Reclaim of the 0.8200 asia high and the lower-highs line would neutralise the downtrend read; 0.8215 Mon fib 50% sits above
Only a return toward the 0.8248 weekly open would undo Monday's breakdown
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
Lower highs and lower lows since the Fed. Former 0.8190s support capping from below.
The pair opened the week at 0.8248 and turned lower. The London open drove a 28-pip leg through 0.8200 and the 0.8190s monthly-low zone as USD softened on oil-led Iran-deal selling, and NY hours extended the move to a 0.8176 week low. Tuesday's Asia high stopped at 0.8200, a retest of broken support that met rejection near EMA(20). That high sits below the 38.2% level of the Monday decline fib and on the lower-high trendline. Price is back at 0.8182, with RSI(14) in the low 30s and not yet oversold.
Support: 0.81761, 0.8150
Resistance: 0.82001, 0.82475, 0.82556
What it said to watch
Swiss CPI at 07:30 UTC (f/c 1.3% y/y) could materially shift this read
An H1 close above the 0.8200 Asia high and the lower-high trendline would break the lower-high sequence
A failure to hold the 0.8176 week low confirms a fresh lower-low, with the 0.8150 round number the next reference
A reclaim of the 0.8248 weekly open would bring the 0.8256 Friday high back into play
US midterm results and JOLTS at 15:00 UTC are event risk for USD
04:02 UTC
Downtrend, consolidating near lows · RSI 41 · price 0.8182
Lower highs and lower lows since 0.8313 pre-Fed peak; monthly low broken.
USDCHF has printed lower highs since the 0.8313 pre-Fed peak. Monday's London open broke the 0.8190s monthly low as oil slid and the USD softened on US-Iran diplomacy hopes, leaving price well below the 0.8248 weekly open and setting the week low at 0.8176 during NY hours. The Asia bounce stalled at the 0.8200 Asia high, short of the 38.2% fib of the Friday-to-Monday leg near 0.8206, and price is back below EMA(20) around 0.8190 with RSI(14) near 41.
Support: 0.8176, 0.8150
Resistance: 0.8191, 0.8200, 0.8248
What it said to watch
Swiss CPI at 07:30 UTC (f/c 1.3% y/y) could materially shift this read; a hot print adds pressure on the 0.8176 week low
Failure to hold the 0.8176 week low extends the lower-low sequence toward the 0.8150 psych level
An H1 close back above the 0.8200 Asia high and the 38.2% fib at 0.8206 would break the lower highs trendline and reclaim the monthly low zone
US midterm results and JOLTS at 15:00 UTC; a recovery above the 0.8248 weekly open would neutralise this week's downtrend read
Lower highs and lower lows since the post-Fed high; broken monthly low being retested from below.
Lower highs have stacked up since the post-Fed rejection near 0.8313. The London open on Monday drove the latest leg as the oil slide on US-Iran deal hopes weighed on USD, taking out the 0.8190s monthly low before the week low printed at 0.8176 late in the NY session. The Asia rebound stalled at the 0.8200 asia high just above EMA(20) near 0.8197, and price is now back on the broken 0.8194 low with RSI(14) near 43, off oversold territory but below 50.
Support: 0.81761
Resistance: 0.82001, 0.82183, 0.82475
What it said to watch
H1 close above the 0.8200 asia high and EMA(20) breaks the lower-highs trendline and opens 0.8218, the most recent lower high
Failure to hold the 0.8176 week low extends the post-Fed decline into fresh lows
Swiss CPI at 07:30 UTC (f/c 1.3% y/y) could materially shift this read; a hot print adds pressure on the lows
US midterm results and JOLTS at 15:00 UTC; a rebuild back toward the 0.8248 weekly open would neutralise the lower-high sequence
Fresh Qeshm strike headlines and the oil reaction remain the main USD driver this session
Lower highs and lower lows since Wednesday; small base 0.8176-0.8204.
Lower highs have held since the failed pre-Fed push to 0.8313 on Wednesday. The post-FOMC decline extended through Thursday's NY session, and Friday's NY rebound to the 0.8256 friday high stalled. Monday's London open then broke the 0.8190s monthly low as oil-driven USD softness outweighed the ISM beat, printing a 0.8176 week low in late NY before price climbed back above the swing lows near 0.8188. Price is now pressing EMA(20) from below near 0.8197 with RSI(14) around 45, while the 0.8204 ny highs cap Monday afternoon's range.
Support: 0.8188, 0.8176
Resistance: 0.8204, 0.8248, 0.8256
What it said to watch
H1 close above the 0.8204 ny highs breaks the Monday consolidation. The lower highs line, now near 0.8240, sits just under the 0.8248 weekly open.
Failure to hold the 0.8176 week low extends the lower-low sequence.
38.2% retracement of the 0.8313-0.8176 decline sits near 0.8228, the first test of a deeper rebound.
Swiss CPI at 07:30 UTC (f/c 1.3% y/y) could materially shift this read.
US midterm results and JOLTS at 15:00 UTC are the USD-side event risk for the session.
00:02 UTC
Downtrend, extending to new weekly lows · RSI 37 · price 0.81882
Lower highs and lower lows since 0.8313 pre-Fed peak.
The post-Fed decline from Wednesday's 0.8313 peak keeps printing lower highs. Friday's NY rebound met rejection near the 50% fib at 0.8255, and the weekly open at 0.8248 capped Monday's Asia session before London drove price through the 0.8194 Friday low as oil slid on US-Iran deal hopes and CHF held its SVME PMI gains. Price sits below EMA(20) at ~0.8199 with RSI(14) near 37, holding a shallow bounce off the 0.8176 week low after NY hours, with Monday's 0.8218 lower high and the lower-high trendline (~0.8230) overhead.
Support: 0.8176, 0.8150
Resistance: 0.8194, 0.8218, 0.8248
What it said to watch
H1 close back above the 0.8194 Friday low and EMA(20) would mark Monday's break as a false break
Failure to hold the 0.8176 week low extends the lower-low sequence toward the 0.8150 round number
Recovery through the 0.8218 lower high and the lower-high trendline breaks the sequence, with the 0.8248 weekly open next
Swiss CPI Tue 07:30 UTC (f/c 1.3% y/y) and overnight US midterm results could materially shift this read