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.
21:02 UTC
Uptrend, testing range top · RSI 61 · price 0.79699
Higher highs into 0.8000 cap.
Uptrend since the February low at 0.7629, price grinding higher and now pressing the 0.8000 psychological barrier where the late-March prior high at 0.8042 caps. Last session printed 0.8013 then closed back near 0.7970 — a rejection at 0.8000, but price holds well above EMA(50) with CHF soft on SNB policy mispricing. Structure stays constructive while the recent low at 0.7941 and the 0.7903 trend pivot (near the 200-day) hold.
Support: 0.7941, 0.7903
Resistance: 0.8000, 0.80424
What it said to watch
- SNB rate decision Jun 18 07:30 UTC is the key CHF catalyst for this read
- Daily close above 0.8000 opens the path to 0.8042 prior high
- Failure to hold 0.7903 trend pivot would break the uptrend structure
21:02 UTC
Uptrend, capped at 0.8000 · RSI 59 · price 0.79699
Higher lows, supply near 0.8000.
USDCHF has ground higher for several weeks off the late-May low near 0.7795, holding above a rising EMU(50) and clearing the 200-day region as CHF stays soft on contained Swiss inflation and SNB intervention rhetoric. The 0.8000 psychological barrier has capped the advance twice now, with the last weekly push to 0.80127 fading back to 0.7970. Structure remains a chain of higher lows beneath a firm 0.8000 ceiling.
Support: 0.7945, 0.7905, 0.77953
Resistance: 0.8000, 0.80127, 0.80424
What it said to watch
- Sustained D1 close above 0.8000 opens the path toward 0.80424
- Loss of 0.7945 then 0.79050 breaks the higher-low sequence
- SNB rate decision/guidance 18 Jun 07:30 UTC is the key CHF catalyst