USDCHF accelerated from the 0.7925 base into a sharp leg higher mid-week as the hawkish-hold Fed lifted the dollar, topping at 0.80916 — just shy of the 0.8100 YTD peak. Since then the pair has consolidated below that week high, with RSI(14) cooling back toward 50 and price drifting around the EMA20 near 0.8069. The 0.80916/0.81000 cap has held while pullbacks have been bought above 0.80537.
Support: 0.80537, 0.80213, 0.8069
Resistance: 0.80916, 0.8100
What it said to watch
Sustained H1 close above 0.80916 opens the path toward the 0.81000 ytd peak
Failure to hold 0.80537 swing low breaks the week's higher-low structure
S&P Global PMIs Tue 13:45 UTC could materially shift the dollar read
Higher highs and higher lows, consolidating below week high.
The pair gapped higher after Wednesday's hawkish FOMC and ran a three-day climb from the 0.7910 base to a week high at 0.80916. Price has since stalled and chopped sideways just under that high, holding above EMA(20) with RSI(14) cooling back toward the mid-50s. The 0.8100 YTD peak remains the immediate cap referenced in the broader CHF read.
Support: 0.80579, 0.80213, 0.8006
Resistance: 0.80916, 0.8100
What it said to watch
H1 close above 0.81000 ytd peak would extend the breakout
Failure to hold 0.80579 swing low signals a deeper pullback toward 0.80213
US-Iran headlines could revive CHF safe-haven flows against this move