21:03 UTC
Uptrend, momentum slowing · RSI 48 · price 0.80737
Higher highs into June, now consolidating below YTD highs.
USDCHF has trended higher since the mid-April low near 0.7760, holding above a rising EMag (50) on D1 and printing a fresh high at 0.8152 last week. The last several sessions have stalled and rolled back to 0.8074, capping at the 0.8100 pivot with the 0.8150 YTD highs untested — the franc remains a G10 laggard on deflationary Swiss PPI and SNB intervention risk. Price is now digesting the June-July advance in a tight range between the 0.8042 swing low and the 0.8100 pivot.
Support: 0.8042, 0.8000
Resistance: 0.8100, 0.8150
What it said to watch
- D1 close above 0.8100 pivot re-engages the 0.8150 YTD highs
- Failure to hold 0.8042 opens the path to 0.8000
- US S&P Global PMIs Jul 24 are the next high-impact catalyst
- Any SNB intervention commentary is the key CHF-side swing factor