Higher lows since Tuesday; post-SNB range 0.8264–0.8296.
After Tuesday's slide to the 0.8183 week low, USDCHF has printed a sequence of rising lows. The dominant leg came at Thursday's London open, when the SNB's dovish hold drove the pair through the 0.8263 yearly high. Price has since held a 0.8264–0.8296 range into the NY close, sitting just above EMA(20) near 0.8273 with RSI(14) cooling from the 70s to the high 50s, and the NY-session dip found demand at the old yearly high.
Support: 0.8273, 0.8264, 0.8229
Resistance: 0.8296, 0.8300
What it said to watch
H1 close back below the 0.8264 yearly high turns the breakout into a false break and exposes the 38.2% fib of the Tue–Thu rally near 0.8253
Acceptance above the 0.8296 week high and 0.8300 round number extends the rising lows structure
H1 close below the rising lows line near 0.8245 and the 0.8229 snb low undoes the Tuesday–Thursday advance
Fed's Williams (09:15 UTC), US durable goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) on Friday could materially shift this read
Higher highs and higher lows since Tuesday; post-breakout retest of 0.8264 held.
USD/CHF has printed higher highs and higher lows along a rising higher-low trendline since Tuesday's London low at 0.8183. Thursday's dovish SNB hold drove a break through Wednesday's 0.8260 high and the 0.8263 yearly high in early London, and US claims beats kept the move going to the 0.8296 week high. The NY pullback found demand at 0.8264, a retest of that broken high, and price now sits just above EMA(20) at 0.8274 with RSI(14) cooled to ~55.
Support: 0.8274, 0.8264, 0.8234
Resistance: 0.8296, 0.8300
What it said to watch
H1 close below the 0.8264 retest low undercuts the breakout and exposes the Wed low at 0.8234, near the 38.2% of the week low-high fib
Close above the 0.8296 week high and the 0.8300 round number extends the higher-high sequence
Loss of the higher-low trendline (~0.8244 now) would end the rising structure from Tuesday
Fri: Williams 09:15 UTC, Durable Goods 12:30 UTC, UoM inflation expectations 14:00 UTC could materially shift this read
Risk-off or oil-driven haven bid for CHF, as seen in Tuesday's drop to 0.8183
Higher lows since Tuesday, SNB breakout holding above Wednesday high.
USD/CHF has printed higher lows each session since Tuesday's 0.8183 week low, and the SNB's dovish hold drove a London-morning breakout through the Wednesday high at 0.8260. Hawkish Fed commentary and US claims and home-sales beats kept USD bid into NY. A NY-session dip to 0.8264 was absorbed, and price holds above EMA(20) near 0.8271 while supply caps below the 0.8296 week high and the 0.8300 round number. RSI(14) near 67 sits just off overbought after the run.
Support: 0.8271, 0.8260, 0.8229
Resistance: 0.82964, 0.8300
What it said to watch
H1 close back below the wed high at 0.8260 would turn the SNB breakout into a false break
Loss of the higher-lows trendline near 0.8242 and the snb low at 0.8229 would unwind the week's uptrend structure; the 38.2% fib of the week's move sits at 0.8253
H1 close above the 0.8296 week high and the 0.8300 round number extends the breakout leg
Fri 12:30 UTC US durables plus Fed's Williams and Hammack could materially shift this read
Higher lows since Tuesday's 0.8183 low; consolidating above broken 0.8260.
From a 0.8219 weekly open, the pair dipped to 0.8183 in Tuesday's London session on the early-week CHF haven bid. It has built higher lows since, first on Wednesday's NY-session push after the PMI beats and then on the SNB's dovish hold, which drove a 30-pip H1 bar through Wednesday's 0.8260 high at the London open. The week high at 0.8296 printed in NY hours, and the pullback low at 0.8264 held above the broken level. Price sits just above the EMA(20) near 0.8270, with RSI(14) near 67, short of overbought.
Support: 0.8270, 0.82643, 0.82287
Resistance: 0.82964, 0.8300
What it said to watch
H1 close below the 0.8264 pullback low, back under 0.8260, would mark a false break of the SNB breakout
Acceptance above the 0.8296 week high and 0.8300 round number extends the higher-high sequence
A slide through the snb bar low at 0.8229 breaks the higher-lows trendline from Tuesday
Fed's Williams (09:15 UTC) and durable goods (12:30 UTC) Friday could shift the USD leg sharply
EMA(20) near 0.8270 is the first gauge of whether pullbacks stay shallow
19:02 UTC
Uptrend, two impulse legs this week · RSI 68 · price 0.82857
Higher lows since Tuesday's low; breakout above Wednesday's high held on retest.
USDCHF has climbed about 113 pips off Tuesday's London-session low at 0.8183. Wednesday's US PMI beats drove the NY leg to 0.8260, and today's dovish SNB hold sparked a second leg from early London to a week high at 0.8296. The NY-session dip to the ny low at 0.8264 held just above the wed high at 0.8260, a clean retest of that breakout. Price sits above a rising EMA(20) near 0.8270 with RSI(14) around 68, just shy of overbought.
Support: 0.82643, 0.82603, 0.82287
Resistance: 0.82964, 0.8300
What it said to watch
H1 close back below the wed high at 0.8260 would undercut the retest and expose the snb low at 0.8229, near the 50% fib of the week's rally at 0.8240
Acceptance above the week high at 0.8296 and the 0.8300 round number would extend the higher-lows sequence
A break of the higher lows trendline from Tuesday's low would signal the breakout structure is failing
Fri US Durable Goods (12:30 UTC), UoM sentiment and inflation expectations (14:00 UTC) and Williams/Hammack Fedspeak could materially shift this read
A risk-off or oil-driven haven bid for CHF would test the breakout, with RSI already stretched
Higher lows since Tuesday's low; broke above the 0.8260 prior high, now holding above ema20.
The week opened near 0.8219 and slipped into Tuesday's London-session low at 0.8183. From there, higher lows took over, and Wednesday's NY rally on the PMI beats set a 0.8260 prior high. Today the SNB hold and its softer intervention wording drove a London-open breakout through that level, and a week high printed at 0.8296. The NY pullback then dipped to 0.8264, near the broken prior high, and held around ema20. RSI(14) has cooled from overbought to the mid-60s, and the higher-lows trendline from Tuesday stays intact.
Support: 0.8267, 0.8260, 0.82287
Resistance: 0.82964, 0.8300
What it said to watch
H1 close back below the 0.8260 prior high would turn the SNB breakout into a false break
Close above the 0.8296 week high and the 0.8300 round number extends the uptrend structure
Loss of the snb bar low at 0.8229 breaks the higher-lows trendline and puts the 38.2% tue-low rally fib near 0.8253 behind price
Fed's Williams at 09:15 UTC and US Durable Goods at 12:30 UTC Friday could materially shift this read
Higher lows since Tuesday; breakout above 0.8263 prior high now being retested.
USD/CHF has printed higher lows since Tuesday's London-session low at 0.8183. The rise began with Wednesday's US PMI beats and accelerated on Thursday after the SNB held at 0% and softened its intervention wording, driving a break of the 0.8263 prior high and a run to a 0.8296 week high during NY hours. The late-NY pullback held at 0.8264, retesting the prior high from above, and price still sits above EMA(20) with RSI(14) easing from the upper-60s.
Support: 0.8264, 0.8253, 0.8219
Resistance: 0.8296, 0.8300
What it said to watch
H1 close back below the 0.8264 prior high turns the breakout into a false break and exposes the 38.2% fib at 0.8253
Acceptance above the 0.8296 week high opens the 0.8300 round number
A deeper slide toward the weekly open at 0.8219 would break the higher-lows trendline
Friday's US durables and UoM inflation expectations, plus Fed's Williams, could materially shift this read
Higher lows since Tuesday, breakout above Wednesday high.
After opening the week at 0.8219 and dipping to 0.8183 in Tuesday's London session, USDCHF has built higher lows. Wednesday's US PMI beats lifted it to the 0.8260 Wed high, and today's SNB hold with softer FX-intervention language drove a London-open impulse from the 0.8229 SNB low through that level. Firm US claims then extended the move into NY to a 0.8296 week high. Price is holding well above EMA(20) near 0.8266 with RSI(14) in overbought territory around 73, just below the 0.8300 round number.
Support: 0.8266, 0.8260, 0.8229
Resistance: 0.8296, 0.8300
What it said to watch
H1 close back below the 0.8260 Wed high returns price to Wednesday's range and puts the breakout read in question
Acceptance above the 0.8300 round number and the 0.8296 week high extends the uptrend structure
A break of the higher-lows trendline and the 0.8229 SNB low would mark a deeper retracement of the week's impulse, with the 38.2% fib near 0.8253 in between
Fed's Williams at 09:15 UTC, plus US durables and UoM inflation expectations on Friday, could materially shift this read given the stretched USD rally
15:02 UTC
Uptrend, stretched into week high · RSI 71 · price 0.82882
Higher lows since Tuesday, breakout above 0.8263.
After slipping from the 0.8219 weekly open to a 0.8183 low in Tuesday's London session, the pair reversed on Wednesday's PMI beats and then broke the 0.8263 yearly high after the SNB's 0% hold and softer intervention language. The SNB-hour bar ran 50 pips off a 0.8229 low (the snb low), and today's jobless claims and new home sales beats carried the rally into NY to a 0.8290 week high. RSI(14) near 71 is overbought, and price is trading well clear of EMA(20) with higher lows intact since Tuesday.
Support: 0.8263, 0.8229, 0.8219
Resistance: 0.8290, 0.8300
What it said to watch
H1 close back below the 0.8263 yearly high would turn the breakout into a false break
0.8300 round number just above the 0.8290 week high: area to watch for rejection or extension
Loss of the higher-lows trendline, and then the snb low at 0.8229, would break the rally structure; the weekly open at 0.8219 sits just below
The rally fib's 38.2% level near 0.8249 marks the first retracement reference if momentum fades from overbought
Friday's US Durable Goods, UoM inflation expectations and Fed's Williams and Hammack could materially shift this read
Higher highs and higher lows since Tuesday's low; tight post-SNB consolidation above breakout level.
The week opened at 0.8219, and USDCHF has printed higher lows since Tuesday's London-session low at 0.8183. Wednesday's NY-hours PMI beats drove the first leg to 0.8260. The SNB's softer intervention wording at London open today pushed price through the 0.8263 prior high to a week high at 0.8286. Since then price has held a narrow band above that level, with a rising EMA(20) converging on it and RSI(14) near 68, just short of overbought.
Support: 0.8263, 0.8247, 0.8229
Resistance: 0.8286, 0.8300
What it said to watch
H1 close back below the 0.8263 prior high would mark a false break and bring the 0.8247 fib 38.2 of the Tue–Thu impulse into play
H1 close above the 0.8286 week high opens the 0.8300 round number
Failure to hold the 0.8229 SNB low breaks the higher-lows trendline from Tuesday
US New Home Sales today, Trump-Xi headlines, and Friday's Durables/UoM inflation expectations could materially shift this read
Higher lows since Tuesday; tight range above broken Wednesday high.
The week opened at 0.8219 and slipped to a 0.8183 low in Tuesday's London session on the CHF bounce. Higher lows then carried price back up: Wednesday's NY-session PMI beats lifted it to the 0.8260 wed high. At the London open today the SNB's softer intervention language drove a 50-pip bar through that high to a 0.8284 week high. Since then price has held a narrow 0.8266–0.8284 band above EMA(20) (~0.8259), with RSI(14) easing from the mid-70s to ~66 rather than rolling over.
Support: 0.82603, 0.82344, 0.82187
Resistance: 0.82839, 0.8300
What it said to watch
H1 close back below the 0.8260 wed high and EMA(20) would turn the SNB breakout into a false break
Loss of the higher-lows trendline and the 0.8234 pre-snb low undoes the week's uptrend structure; the weekly open at 0.8219 sits below
Close above the 0.8284 week high opens the 0.8300 round number
Fed's Paulson (13:00 UTC) and New Home Sales (14:00 UTC) could shift October hike pricing and this read
A risk-off haven bid for CHF is the main threat to the breakout
12:02 UTC
Uptrend, fresh leg higher · RSI 67 · price 0.82751
Higher lows since Tuesday, range broken upward.
The week opened near 0.8219. CHF firmed through Monday and into Tuesday's London session, where the pair set a week low at 0.8183, before higher lows took hold from Tuesday's NY session and Wednesday's US PMI beats lifted it to a prior high at 0.8260. Today's SNB hold, with softer intervention language, drove a 50-pip London-open bar from the snb low at 0.8229 through the Wednesday–Thursday 0.8235–0.8260 range, printing a week high at 0.8284. Price holds above both EMAs with RSI(14) near 67, not yet overbought, and ATR expanding on the move.
Support: 0.8260, 0.82455, 0.82287
Resistance: 0.82839, 0.8300
What it said to watch
US Initial Jobless Claims at 12:30 UTC plus Hammack/Paulson Fedspeak could materially shift this read within the hour
H1 close back below the 0.8260 prior high would turn the range break into a false break
An hourly close above the 0.8284 week high opens the 0.8300 round number
A deeper pullback that finds the fib 38.2 at 0.8246 keeps the higher-lows trendline intact; losing the 0.8229 snb low breaks it
Higher lows since Tuesday low, breakout to new week high.
USDCHF has printed a sequence of higher lows since Tuesday's NY-session low at 0.8183. Wednesday's hot US PMIs drove the NY rally to 0.8260. Today's SNB hold, with softer intervention language, sparked a London-open breakout through that 0.8260 prior high to a week high at 0.8284. Price sits above EMA(20) near 0.8254 and EMA(50) near 0.8240, with RSI(14) at 67, short of overbought, and the 38.2% fib of the Tuesday–Thursday advance near 0.8245.
Support: 0.82603, 0.82543, 0.82287
Resistance: 0.82839, 0.8300
What it said to watch
H1 close back below the 0.8260 prior high would turn the SNB breakout into a false break
Sustained trade below the EMA20 near 0.8254 exposes the 38.2% fib zone around 0.8245
Loss of the 0.8229 SNB low breaks the higher lows trendline sequence
Close above the 0.8284 week high opens the 0.8300 round number
US Initial Jobless Claims at 12:30 UTC and Fed's Hammack/Paulson shortly after could materially shift this read
Higher lows since Tuesday's week low; break above Wednesday's high.
USD/CHF has printed higher lows along a rising trendline since Tuesday's London-session week low at 0.8183. Wednesday's NY-session PMI beat and today's dovish-leaning SNB hold at the London open drove it through the Wednesday high near 0.8260 to a 0.8284 week high. Price is holding above EMA(20) near 0.8254 with RSI(14) near 64 after cooling from the SNB spike. The 38.2% fib of the Tuesday–Thursday impulse sits near 0.8246, and the SNB low at 0.8229 marks the base of the breakout bar.
Support: 0.8260, 0.8254, 0.8229
Resistance: 0.8284, 0.8300
What it said to watch
US Initial Jobless Claims at 12:30 UTC (f/c 201K), then Fed's Hammack and Paulson, could materially shift this read during the NY session
An H1 close back below the Wednesday high at 0.8260 would turn the SNB breakout into a false break
A close above the 0.8284 week high opens the 0.8300 round number
A drop through the SNB low at 0.8229 and the rising trendline would break the higher-low sequence and put the 61.8% fib near 0.8222 in view
09:02 UTC
Uptrend, accelerating after SNB · RSI 70 · price 0.82781
Higher lows since Tuesday's low, breakout above prior high.
USDCHF has built higher lows since Tuesday's London low at 0.8183, reclaiming the 0.8219 weekly open on Wednesday's PMI-driven NY rally before stalling at the 0.8260 prior high. The steady SNB hold at 0% this London morning, with no pushback on franc weakness, drove a 50-pip hourly bar through that level to a 0.8281 session high. RSI(14) near 70 marks an overbought reading, and price sits well clear of EMA(20) after the Asian range held above the 0.8239 asian low.
Support: 0.8260, 0.8239, 0.8219
Resistance: 0.8281, 0.8300
What it said to watch
H1 close back below 0.8260 prior high would turn the breakout into a false break
Break of the higher-lows trendline, now near 0.8229, would undercut the uptrend read
H1 close above the 0.8281 session high exposes the 0.8300 round number
US Initial Jobless Claims at 12:30 UTC, then Hammack and Paulson, could materially shift this read
Loss of the 0.8239 asian low reopens the weekly open at 0.8219
08:02 UTC
Uptrend, fresh breakout to new highs · RSI 67 · price 0.82713
Higher lows from Tuesday's 0.8183 low, prior high cleared.
USD/CHF has printed higher lows since Tuesday's London-morning low at 0.8183. Wednesday's NY-session leg, on the PMI beat and hawkish Fed repricing, carried it through 0.8250, and the 07:30 UTC SNB decision hour then added roughly 30 pips to print 0.8279. That move cleared the Wednesday high near 0.8260, the prior high that also sits close to the 0.8263 yearly high. Price holds above EMA(20) and EMA(50), with RSI(14) near 67 and short of overbought. The spike hour's range of about 50 pips is far wider than the 11-pip ATR.
Support: 0.8260, 0.8252, 0.82287
Resistance: 0.82791, 0.8300
What it said to watch
SNB press conference at 08:00 UTC could materially shift this read; a hawkish tone would test whether the snb high holds
H1 close back below the 0.8260 prior high would mark the breakout as a false break
Loss of ema20 and the snb low at 0.8229 would break the higher-low trendline and the 50% fib of the week's impulse
Round number 0.8300 is the next overhead reference above the snb high at 0.8279
Williams at 08:10 UTC and US jobless claims at 12:30 UTC are USD-side catalysts during London-NY hours
Higher low Wed off 0.8183, rejected at 0.8260 equal highs, tight 0.8234–0.8256 consolidation.
USDCHF recovered from Tuesday's London-session drop to the 0.8183 week low. The US PMI beat carried Wednesday's rally in NY to a 0.8260 week high, where a sharp rejection matched Friday's high. Since then price has consolidated between the 0.8234 session low and the 0.8256 Asia high, hugging EMA(20) near 0.8242 with RSI(14) flat around 52 and holding above EMA(50) near 0.8233 and a rising support line from Wednesday's low.
Support: 0.82344, 0.82187, 0.81833
Resistance: 0.82562, 0.82603, 0.8263
What it said to watch
SNB decision at 07:30 UTC and press conference at 08:00 UTC could materially shift this read
H1 close above the 0.8260 week high puts the 0.8263 yearly high in play
Failure to hold the 0.8234 session low and rising support exposes the 38.2% fib near 0.8231 and the 0.8219 weekly open
US jobless claims at 12:30 UTC (f/c 201K) plus Williams/Hammack Fedspeak are the USD-side risk
Break below the 0.8183 week low undoes the Wednesday recovery structure
Higher lows since Tuesday's 0.8183 low; Asian range capped under 0.8260.
USDCHF has built higher lows off Tuesday's London-session low at 0.8183. The Tuesday-to-Wednesday rally accelerated in the NY session on the hot US PMIs and hit a 0.8260 week high, level with Friday's top, before a rejection pulled it back to a 0.8234 swing low. Asia has since held a 0.8239–0.8256 range just above the ema20 at 0.8242, slipping under the rising Wednesday trendline as RSI(14) eases to the high-50s ahead of the SNB decision.
Support: 0.8242, 0.82341, 0.82187
Resistance: 0.82562, 0.82603, 0.8263
What it said to watch
SNB decision at 07:30 UTC and press conference at 08:00 UTC could break the Asian range either way
H1 close above the 0.8260 week high and the 0.8263 yearly high would clear the double cap from Friday and Wednesday
Loss of the 0.8234 swing low, near the 38.2% retrace of the Tuesday-to-Wednesday rally, would expose the 0.8219 weekly open
Sustained trade below the ema20 would confirm the Wednesday trendline break
US jobless claims at 12:30 UTC and Fedspeak (Williams, Hammack) as the USD-side driver into NY
Higher lows since Tuesday's 0.8183 low; shallow pullback below the 0.8260 week high.
USD/CHF opened the week at 0.8219 and slid to 0.8183 in Tuesday's London session. It then reversed, and the US PMI beats drove Wednesday's NY-session leg to a 0.8260 week high, with the 0.8234 pullback low forming after the spike. Since then price has drifted into a shallow 23.6% pullback of the Tue-Wed rally, holding the higher-lows trendline near the 0.8239 asia low, sitting on EMA(20) with RSI(14) cooled to around 49, while the 0.8256 asia high and week high cap overhead.
Support: 0.8239, 0.8234, 0.8219
Resistance: 0.8256, 0.8260, 0.8300
What it said to watch
SNB decision at 07:30 UTC and press conference at 08:00 UTC could materially shift this read
Fed's Williams at 08:10 UTC and US jobless claims at 12:30 UTC are further event risk for the USD leg
H1 close below the 0.8234 pullback low breaks the higher-lows sequence and exposes the 0.8219 weekly open near the rally's 50% retracement
H1 close above the 0.8260 week high puts the 0.8263 yearly high in play, with 0.8300 round number beyond
Failure to hold the 0.8239 asia low breaks the rising trendline of higher lows
04:02 UTC
Uptrend from Tuesday low, stalling below yearly high · RSI 55 · price 0.82446
Tight consolidation 0.8234–0.8260 after Tue–Wed rally, slight lower highs.
USD/CHF turned higher from Tuesday's 0.8183 London low. Wednesday's PMI beat and hawkish Fedspeak then carried the pair to a 0.8260 week high in the NY session, which matched last Friday's high just under the 0.8263 yearly high before a rejection back to the 0.8234 swing low. Since then price has compressed under a line of lower highs, including the 0.8256 Asia high. It is hugging EMA(20) near 0.8240, with RSI(14) cooled to the mid-50s and only about 20% of the Tue–Wed rally retraced.
Support: 0.8240, 0.8234, 0.8219
Resistance: 0.8256, 0.8260, 0.8263
What it said to watch
SNB decision at 07:30 UTC and press conference at 08:00 UTC could materially shift this read
H1 close above the 0.8263 yearly high breaks the lower-highs cap and exposes 0.8300
Loss of the 0.8234 swing low opens the 38.2% retracement of the rally near 0.8231, then the 0.8219 week open
Asia high at 0.8256 and the week high at 0.8260 form the first cap inside the consolidation
US jobless claims at 12:30 UTC and Hammack/Paulson remarks test the USD side of the move
03:02 UTC
Recovery leg stalling below range top · RSI 48 · price 0.82415
0.8183-0.8260 range; higher lows since Tue, capped at 0.8260.
USDCHF has retraced all of Tuesday's London-session slide to 0.8183. The hot US PMI prints lifted the pair in the NY session on Wednesday to the 0.8260 range top, where it was rejected for a second time after Friday's matching high. Asia has faded from the 0.8256 asian high to 0.8241, pressing the rising trendline from Tuesday's lows, EMA(20) and the 23.6% level of the 0.8183-0.8260 fib, with RSI(14) back near 48.
Support: 0.8240, 0.82341, 0.82187
Resistance: 0.82562, 0.8260, 0.8263
What it said to watch
SNB decision 07:30 UTC and presser 08:00 UTC could materially shift this read
H1 close below the rising trendline and the 0.8234 pullback low exposes the 38.2% fib near 0.8231 and the weekly open at 0.8219
H1 close above the 0.8260 range top and 0.8263 yearly high breaks the range read
US jobless claims 12:30 UTC plus Williams/Hammack Fedspeak add NY-session risk
02:02 UTC
Uptrend, pressing the week high · RSI 65 · price 0.82506
Higher lows since Tuesday's low, capped at 0.8260.
USD/CHF has printed higher lows since Tuesday's London flush to 0.8183. The hot US PMIs in Wednesday's NY session then drove a breakout above Monday's 0.8239 high and back toward the 0.8260 week high, the same area that capped Friday. The first test was rejected, but the dip held at the 0.8234 pullback low on the higher-lows trendline, and price has since held above the EMA(20) near 0.8241 with RSI(14) at 65, below overbought.
Support: 0.8241, 0.8234, 0.8219
Resistance: 0.8260, 0.8300
What it said to watch
SNB decision at 07:30 UTC and 08:00 UTC press conference could materially shift this read; a hawkish inflation-forecast tilt is the main franc-positive risk
H1 close above the 0.8260 week high clears the Friday/Wednesday cap and opens the 0.8300 round number
A second rejection at 0.8260 followed by an H1 close below the 0.8234 pullback low and the higher-lows trendline would put a double top in play, exposing the 0.8219 weekly open
Williams at 08:10 UTC, Initial Jobless Claims at 12:30 UTC and Hammack at 12:50 UTC test the hawkish USD repricing behind this week's leg
Retracement of the Tue-Wed leg: 38.2% near 0.8231 sits just under the pullback low
01:02 UTC
Uptrend since Tuesday low, capped at week high · RSI 61 · price 0.82482
Higher lows from 0.8183; rejection at 0.8260 double-high zone.
USD/CHF has printed higher lows since Tuesday's London-session low at 0.8183. Wednesday's NY-session US PMI beat, alongside hawkish Fed repricing, drove a breakout above Monday's 0.8239 high and the weekly open at 0.8219. The move stalled at the 0.8260 week high, which matches Friday's peak. The pullback low at 0.8234 held and the rising trendline sits there. Price has since recovered above EMA(20) near 0.8239, with RSI(14) at 61, off Wednesday's peak.
Support: 0.8239, 0.8234, 0.8219
Resistance: 0.8260, 0.8300
What it said to watch
SNB decision at 07:30 UTC today could materially shift this read. A hawkish tilt risks rejection at the week high.
An H1 close above the 0.8260 week high clears the double-high zone and opens the path to the 0.8300 round number.
Failure to hold the 0.8234 pullback low and rising trendline breaks the higher-low sequence.
A move back below the 0.8219 weekly open returns price to Monday's range.
Williams at 08:10 UTC and jobless claims at 12:30 UTC add USD event risk during London and NY hours.