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.
21:03 UTC
Uptrend, momentum building · RSI 64 · price 0.80258
Range break above 0.8000, testing prior high.
USDCHF has been carving higher lows since the late-April base, and this week's surge reclaimed the 0.8000 psych pivot and broke out of the multi-month 0.778–0.800 range. The move follows the hawkish Fed dot plot and a neutral SNB hold that left CHF on a soft footing. Price now presses the prior high near 0.8042, the cap from late February.
Support: 0.8000, 0.7910, 0.7855
Resistance: 0.8042, 0.8050
What it said to watch
- D1 close above 0.8042 prior high opens the path toward the breakout high near 0.8050 and beyond
- Loss of the 0.8000 psych pivot reopens the 0.7910 swing low
- S&P Global PMIs Tue and Core PCE Thu are the key USD tests that could shift this read
21:03 UTC
Uptrend, momentum building · RSI 64 · price 0.80258
Higher lows, breakout above 0.8000 range cap.
USD/CHF has ground higher off the early-February 0.767 low, with price holding above a rising EMrA(50) and reclaiming the 0.8000 handle this week after the hawkish FOMC dots and a neutral SNB hold. The pair spent April–May trapped between 0.78 and 0.80; the latest weekly push cleared that ceiling, printing a fresh high at 0.80497. Structure is a clean chain of higher lows, with the prior month's 0.79 pivots now acting as the demand shelf.
Support: 0.8000, 0.7920, 0.7855
Resistance: 0.80497, 0.80424
What it said to watch
- D1 close back below 0.8000 reopens the 0.7950–0.7920 zone
- Failure to extend past 0.80497 leaves the breakout unconfirmed
- US Core PCE Thu Jun 25 is the key inflation test for the hawkish dots and could shift this read