USD/CHF AI Live Scan, 1-hour chart, Friday, 25 September 2026

Every read JAFX AI made on the USD/CHF 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

20:02 UTC

Uptrend, momentum stalling below week high · RSI 47 · price 0.82839

Higher lows since Tuesday; Friday compressing in a 0.8271–0.8298 range.

The week's low at 0.8183 in Tuesday's London session held. Price then stepped higher each day, and Thursday's dovish-leaning SNB hold drove the London-morning break through the 0.8263 yearly pivot, launching from the snb bar low at 0.8229. Since then the week high at 0.8298 has rejected three tests into Friday as the dollar eased with oil. Price is now pinned to a flattening EMA(20) with RSI(14) back near 47, and the friday low at 0.8271 sits on the 23.6% retracement of the week's rally.

Support: 0.8271, 0.8264, 0.8229

Resistance: 0.8298, 0.8305, 0.8330

What it said to watch

  • H1 close above the 0.8298 week high opens the 0.8305–0.8330 cap zone, where the cap zone top at 0.8330 is the upper boundary
  • Failure to hold the 0.8271 friday low exposes the 0.8264 yearly pivot and the higher-lows trendline
  • A break below the 0.8229 snb bar low would erase Thursday's SNB leg and break the higher-lows sequence
  • Tue JOLTS and Fed speakers, then Wed ADP/PCE, could materially shift the read via October Fed hike odds
  • Swiss CPI Thu Oct 1 at 06:30 UTC is the CHF-side risk to the range

19:03 UTC

Uptrend, momentum stalling below 0.8300 · RSI 46 · price 0.82814

Higher lows since Tuesday; tight 0.8271–0.8298 box since Thursday.

USD/CHF has printed higher lows since Tuesday's London-session low at 0.8183. The dominant leg came at Thursday's London open, when the dovish SNB hold lifted the pair from 0.8229 through the 0.8260 wed high. Since then price has compressed in a 0.8271–0.8298 box, with Friday's London and NY sessions both stalling under the week high as the dollar eased on lower oil, leaving price just below EMA(20) near 0.8286 with RSI(14) near 46 and the Friday low sitting on the 23.6% retracement of the week impulse.

Support: 0.8271, 0.8264, 0.8260

Resistance: 0.8286, 0.8298

What it said to watch

  • H1 close below the 0.8271 Friday low (23.6% of the week impulse) exposes the 0.8264 Thursday low and the 0.8260 wed high pivot
  • Break of the higher-lows trendline near 0.8265 would end the rising sequence in place since Tuesday
  • H1 close back above EMA(20) at 0.8286 and through the 0.8298 week high reopens the 0.8305–0.8330 resistance zone
  • US ADP/PCE on Wed and Swiss CPI on Thu next week could materially shift this read

18:02 UTC

Uptrend, momentum flattening · RSI 52 · price 0.8289

Higher lows since Tuesday, Friday range under 0.8300.

USDCHF has built higher lows from Tuesday's 0.8183 trough. Wednesday's NY session pushed it to 0.8260, and the largest leg came in Thursday's London session after the SNB held at 0%, when price lifted off the 0.8229 snb low and cleared the prior yearly high near 0.8263. Friday has compressed into a 0.8271–0.8298 range as the dollar paused. Price is hugging EMA(20) and RSI(14) has cooled to the low 50s, while the 0.8298 week high has capped two attempts and the fri low sits on the 23.6% level of the week rally fib.

Support: 0.8271, 0.8264, 0.8229

Resistance: 0.8298, 0.8330

What it said to watch

  • H1 close above the 0.8298 week high breaks the Friday range and brings the 0.8305–0.8330 resistance band, with 0.8330 as zone top, into view
  • Failure to hold the 0.8271 fri low exposes the 0.8264 thu low, which lines up with the prior yearly high pivot and the rising week trendline
  • Loss of the week trendline would put the 0.8229 snb low back in play and end the higher-low sequence
  • Fed's Hammack at 18:00 UTC today could move USD pricing into the weekend
  • Next week's US ADP and GDP (Wed) and Swiss CPI (Thu 06:30 UTC) could materially shift this read

17:03 UTC

Uptrend, momentum fading · RSI 46 · price 0.82841

Higher lows intact; Friday ranging below week high.

USD/CHF has built higher lows since Tuesday's London-session low at 0.8183. Wednesday's NY rally and Thursday's European-morning leg after the dovish-read SNB hold lifted it through 0.8250 to 0.8296. Friday has stalled just under the 0.8298 week high, with price slipping below the ema20 and RSI(14) fading to the mid-40s, so the marginal higher high on lower RSI reads as a bearish divergence. The Friday low at 0.8271 sits on the 23.6% fib of the week's advance, while the Thu low at 0.8264 converges with the rising trendline and the digest's 0.8263 prior yearly high.

Support: 0.8271, 0.82643, 0.82542

Resistance: 0.8286, 0.8298, 0.8300

What it said to watch

  • H1 close above the 0.8300 psych level clears the week high and resumes the uptrend read
  • Failure to hold the Friday low at 0.8271 exposes the Thu low at 0.8264 and the rising trendline
  • Break of the rising trendline and the fib 38.2 at 0.8254 would mark a deeper correction of the week's move
  • Reclaiming the ema20 near 0.8286 would neutralise the fading-momentum read
  • Fed's Hammack at 18:00 UTC could shift the read into the weekly close

16:02 UTC

Uptrend, stalling below 0.8300 · RSI 44 · price 0.82777

Higher lows since Tuesday; post-SNB consolidation 0.8264–0.8298.

The week's advance ran from Tuesday's 0.8183 low. It came in two legs: a NY-session rally on Wednesday, then the SNB bar on Thursday, which broke from 0.8229 to 0.8274 as the dovish hold reinforced CHF's funding role against hawkish Fed pricing. Friday's London session printed the week high at 0.8298, but repeated tests have been capped just under 0.8300. NY hours have faded the move, and price has slipped below EMA(20) near 0.8285 with RSI(14) easing to the mid-40s. The friday low at 0.8272 and the Thursday swing at 0.8264, near the 0.8263 prior yearly high, sit above the rising support line from Tuesday's low.

Support: 0.8272, 0.8264, 0.8229

Resistance: 0.8285, 0.8298

What it said to watch

  • H1 close above the 0.8298 week high and 0.8300 cap resumes the uptrend toward 0.8347
  • Failure to hold the 0.8272 friday low exposes 0.8264, the prior yearly high and Thursday swing
  • A break of the rising support line and the 0.8229 snb bar low would turn the pullback into a deeper retracement of the week's move
  • Fed's Hammack at 18:00 UTC today could shift the read via October hike odds

15:02 UTC

Uptrend, momentum cooling below 0.8300 · RSI 59 · price 0.82907

Higher lows since Tuesday; tight consolidation under week high.

USD/CHF has built higher lows since Tuesday's London-session low at 0.8183. The week's impulse came at Thursday's London open, when the dovish-read SNB hold lifted price from the 0.8229 snb low through 0.8260 to 0.8296, its highest since May 2025. Friday has compressed into a 0.8275–0.8298 range beneath the 0.8300 round number, with the week high capping two attempts; the dip to the friday low during the London-NY transition met demand at the rising trendline, and price holds just above EMA(20) with RSI(14) near 59 and ATR(14) contracted to about 9 pips.

Support: 0.8275, 0.8264, 0.8229

Resistance: 0.8298, 0.8300

What it said to watch

  • An H1 close above the 0.8300 round number clears the week high and extends the higher-high sequence
  • A break of the friday low at 0.8275 also breaks the rising trendline, putting the 0.8264 swing low (near the 0.8263 prior yearly high) in focus
  • Loss of the snb low at 0.8229, near the 61.8% retracement of the week's impulse, would unwind Thursday's SNB leg
  • Fed's Hammack at 18:00 UTC today could shift October hike pricing and this read; ADP/GDP on Wed and Swiss CPI on Thu Oct 1 are the next event risks

14:02 UTC

Uptrend, pausing below week high · RSI 59 · price 0.82907

Higher lows since Tuesday; Friday tight range above breakout.

USDCHF has printed higher lows since Tuesday's London low at 0.8183. The dominant leg came in Thursday's European morning, when the dovish SNB hold drove price through the 0.8263 breakout area, and the pair then pushed on to a week high at 0.8298. Friday has compressed into a 0.8275–0.8298 range above EMA(20), with RSI(14) easing to around 59 as the 0.8300 psych level caps, while the higher-low trendline from Tuesday rises underneath near 0.8260.

Support: 0.82754, 0.82643, 0.82542

Resistance: 0.8298, 0.8300

What it said to watch

  • H1 close above the 0.8298 week high and 0.8300 psych level would extend the uptrend out of Friday's range
  • Failure to hold the Friday low at 0.8275 would turn the range lower, exposing the 0.8264 breakout level and the 38.2% fib at 0.8254
  • A break of the higher-low trendline would mark the first structural lower low since Tuesday
  • US UoM inflation expectations at 14:00 UTC and Fed's Hammack at 18:00 UTC could materially shift this read

13:03 UTC

Uptrend, momentum slowing below week high · RSI 55 · price 0.82851

Higher lows since Tuesday; flat cap at 0.8296–0.8298.

USD/CHF has built higher lows all week. Tuesday's London dip to 0.8183 marked the low. Wednesday's NY session broke the 0.8225 range top after strong US PMIs, and the dovish SNB hold drove a 50-pip spike through 0.8260 at Thursday's London open. Friday's London push printed a 0.8298 week high, barely above Thursday's 0.8296 peak, while RSI(14) set a lower high. Price has since eased back to the ema20 near 0.8284 after mixed durable goods, with RSI(14) near 55 and the post-SNB trendline intact above the 0.8275 friday low.

Support: 0.8284, 0.8275, 0.8264

Resistance: 0.8298

What it said to watch

  • UoM inflation expectations at 14:00 UTC and Fed's Hammack at 18:00 UTC could materially shift this read
  • H1 close below the 0.8275 friday low breaks the post-SNB trendline and brings the 0.8264 thu low into play
  • Failure to hold the 0.8264 thu low exposes the 38.2% fib of the week's rally near 0.8254
  • H1 close above the 0.8298 week high negates the bearish RSI divergence and clears the flat cap

12:03 UTC

Uptrend, momentum stalling below week high · RSI 50 · price 0.82842

Higher lows since Tuesday, capped by a double test of 0.8296–0.8298.

USD/CHF has printed higher lows since Tuesday's 0.8183 London-session low. The dominant leg of the week's impulse came at Thursday's London open, when the dovish SNB hold lifted price off the 0.8229 SNB low, through the 0.8264 breakout zone near the prior yearly high, and on to 0.8296. Two pushes into the 0.8298 week high, in Thursday's NY session and Friday's London session, have met supply, and the late-London pullback leaves price sitting on EMA(20) near 0.8284 with RSI(14) cooled to about 50.

Support: 0.82766, 0.82643, 0.82287

Resistance: 0.8298

What it said to watch

  • H1 close above the 0.8298 week high clears the double test and the 0.8300 round number
  • Failure to hold the 0.8277 friday low exposes the 0.8264 breakout zone and the 38.2% retracement of the week impulse near 0.8254
  • A break of the rising trendline from Tuesday's low, near 0.8258, would end the week's higher-low sequence and put the 0.8229 snb low in view
  • US Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read; Fed's Hammack follows at 18:00 UTC

11:02 UTC

Uptrend, momentum flattening below 0.8300 · RSI 64 · price 0.82921

Higher lows since Tuesday, tight range under week high.

USDCHF has stair-stepped higher from Tuesday's 0.8183 low. Wednesday's NY-session PMI beats and Thursday's dovish SNB hold at London open drove the two main legs through the 0.8263 yearly high. Friday's London session printed a 0.8298 week high but stalled just under the 0.8300 round number, with price holding in a tight range above EMA(20) and post-SNB higher lows intact, while RSI(14) near 64 sits below Thursday's peak despite marginal new highs.

Support: 0.8288, 0.8283, 0.8264

Resistance: 0.8298, 0.8300

What it said to watch

  • H1 close above the 0.8300 round number clears the week high and extends the breakout
  • Break of the higher-low line and the 0.8283 friday low opens a deeper pullback beneath ema20
  • Failure to hold the 0.8264 swing low, near the 0.8263 breakout area, undermines the higher-low sequence
  • US Durable Goods 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read

10:02 UTC

Uptrend, momentum flattening near highs · RSI 63 · price 0.82954

Higher highs and higher lows since Tuesday's 0.8183 low; tight grind under 0.8300.

USDCHF held a 0.8200–0.8227 range early in the week before a sweep to 0.8183 in Tuesday's London session. It then reversed on Wednesday's NY-session PMI beats and broke through the 0.8263 prior high on Thursday's dovish SNB hold, with that bar's snb low at 0.8229. Friday's Asia and London sessions have ground to a marginal week high at 0.8298 on softer momentum, while the pullback low at 0.8283 sits just under EMA(20) near 0.8288.

Support: 0.8283, 0.8264, 0.8229

Resistance: 0.8298, 0.8300, 0.8347

What it said to watch

  • H1 close above the 0.8300 psych level opens the path to the 0.8347 next level
  • Failure to hold the 0.8283 pullback low and EMA(20) would break Friday's grind and expose the 0.8264 prior high
  • Close back below the 0.8264 prior high would turn Thursday's breakout into a false break and bring the 50% fib near 0.8241 into view
  • US Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read; Fed's Hammack at 18:00 UTC
  • A break of the higher-lows trendline from Tuesday's low would end the week's uptrend structure

09:03 UTC

Uptrend, momentum slowing at highs · RSI 56 · price 0.82851

Higher highs and higher lows since Tuesday's low; compressing under equal highs.

USDCHF has climbed roughly 115 pips off Tuesday's 0.8183 low. Wednesday's PMI beats drove a rally into the NY session, and the SNB's dovish hold in the first hour of London on Thursday broke price through the 0.8263 prior high. Price now sits just above EMA(20) near 0.8283, beneath equal highs at 0.8296–0.8298. The week high printed at Friday's London open was faded, and RSI(14) near 56 fell short of Thursday's reading, a mild bearish divergence. Higher lows at the 0.8264 swing low and today's 0.8272 day low keep the Tuesday-to-Friday impulse structure intact.

Support: 0.8283, 0.82717, 0.82643

Resistance: 0.82978, 0.8300

What it said to watch

  • H1 close above the 0.8300 round number clears the week high and extends the higher-high sequence
  • Loss of EMA(20) and the 0.8272 day low turns the drift into a pullback toward the 38.2% fib of the impulse near 0.8254
  • Failure to hold the 0.8264 swing low breaks the higher-low sequence and puts the rising trendline near 0.8255 in play
  • Williams 09:15 UTC, US Durable Goods 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read

08:02 UTC

Uptrend, momentum moderating near week high · RSI 63 · price 0.82937

Higher lows since Tuesday, retesting the week high.

Since Tuesday's London-open low at 0.8183, the pair has printed higher lows. The dovish SNB hold at Thursday's London open broke Wednesday's 0.8260 high, with the snb low at 0.8229 left behind, and firm US data plus hawkish Fedspeak extended the move. The thu ny low at 0.8264 marks the latest dip that held. Friday's Asia-to-London grind has pressed back into the 0.8296-0.8298 week high just under the 0.8300 round number, with price holding above ema20 and RSI(14) near 63, cooler than Thursday's push.

Support: 0.8285, 0.8264, 0.8229

Resistance: 0.8298, 0.8300

What it said to watch

  • An H1 close above the 0.8300 round number, clearing the week high, extends the breakout structure.
  • A close back below ema20 near 0.8285, then the thu ny low at 0.8264, would break the higher-low sequence.
  • A move back toward the snb low at 0.8229 would mean a 61.8% retrace of the week's impulse.
  • Williams (09:15 UTC), Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read.

07:02 UTC

Uptrend, pausing under week high · RSI 61 · price 0.82933

Higher lows since Tuesday, compressing below 0.8296.

USDCHF has built a stair-step of higher lows from Tuesday's 0.8183 London-session low. Wednesday's PMI beats lifted the pair through NY hours, and Thursday's dovish-leaning SNB hold drove the London-open breakout through the 0.8264 prior high. Price has held above EMA(20) since then. Friday's Asian range stalled at 0.8296, just under Thursday's week high, with RSI(14) near 61, cooler than Thursday's stretched readings.

Support: 0.8282, 0.8264, 0.8253

Resistance: 0.8296, 0.8300, 0.8347

What it said to watch

  • H1 close above the 0.8296 week high and the 0.8300 round number would extend the uptrend, with 0.8347 the next level
  • A new high on a lower RSI(14) would set up a bearish divergence against Thursday's peak
  • Loss of EMA(20) near 0.8282, then a break of the 0.8264 prior high, would dent the higher-lows structure
  • A deeper pullback toward the 38.2% fib at 0.8253 would still leave the week higher-lows trendline intact
  • Fed's Williams at 09:15 UTC, US durables at 12:30 and UoM inflation expectations at 14:00 could materially shift this read

06:03 UTC

Uptrend, holding near week high · RSI 63 · price 0.82893

Higher lows since Tuesday; post-SNB breakout above 0.8260 retested and held.

USD/CHF has climbed about 110 pips off Tuesday's 0.8183 low. The dominant leg of that impulse came in the Thursday London-open bar, which broke above Wednesday's 0.8260 high after the SNB's dovish-leaning hold, with hawkish Fed repricing adding support. Thursday's NY-session dip to the 0.8264 swing low retested the breakout zone and held, and price has since ground back above EMA(20) at 0.8281 through Asia with RSI(14) near 63, just under the 0.8296 week high and the 0.8300 round number.

Support: 0.8281, 0.8272, 0.8264

Resistance: 0.8296, 0.8300

What it said to watch

  • An H1 close above the 0.8296 week high and 0.8300 round number extends the uptrend, with 0.8347 the next cited level
  • Failure to hold the 0.8272 day low and the 0.8264 swing low would break the post-SNB higher-low sequence
  • The 38.2% fib of the Tue–Thu impulse (~0.8253) aligns with the higher lows trendline, the deeper structural floor
  • US Durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could shift October hike pricing, the main driver of this move
  • Oil slump or US-Iran headlines risk a CHF squeeze from stretched levels, as seen on Tuesday

05:02 UTC

Uptrend, extended near week high · RSI 62 · price 0.8292

Higher lows since Tuesday, tight consolidation under 0.8300.

USD/CHF has climbed about 110 pips from Tuesday's London-session low at 0.8183. The turn came from Wednesday on hawkish Fed repricing and the flash PMI beats. Thursday's London open delivered the dominant leg: the SNB's dovish hold drove a 30-pip bar off the 0.8229 snb bar low, through the 0.8263 prior yearly high, to a 0.8296 week high in the NY session. The one NY dip held at 0.8264, the post-snb low, and Asia has since ground back toward the week high with price above EMA(20) at 0.8284. RSI(14) has cooled from overbought to the low 60s.

Support: 0.8284, 0.8264, 0.8229

Resistance: 0.8296, 0.8300

What it said to watch

  • H1 close above the 0.8300 round number extends the breakout beyond the week high
  • Loss of the ema20 and then the 0.8264 post-snb low would put price back into Wednesday's range
  • A new high above 0.8296 on lower RSI(14) would set up bearish divergence
  • Williams (09:15 UTC), Durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could shift this read
  • Break of the higher-lows trendline near 0.8250 would end this week's uptrend structure

04:02 UTC

Uptrend, pressing week high · RSI 67 · price 0.82919

Higher lows since Tuesday's low; post-SNB breakout holding above 0.8264.

USD/CHF has climbed roughly 110 pips from Tuesday's 0.8183 week low. The dominant leg came at Thursday's London open, when the SNB's dovish hold at 0% sparked a 50-pip bar through the 0.8263 yearly high, with hawkish Fed repricing and surging yields adding to the move. Since then higher lows at the 0.8264 swing low and 0.8272 have held, and pullbacks keep finding EMA(20). Price is back at the 0.8296 week high in Friday's Asia session, with RSI(14) near 67.

Support: 0.82786, 0.82643, 0.82287

Resistance: 0.82964, 0.8300

What it said to watch

  • H1 close above the 0.8296 week high and the 0.8300 round number would extend the higher-high sequence
  • A break of the higher-low trendline and EMA(20) near 0.8279 would open a pullback toward the 0.8264 swing low
  • Failure to hold the 0.8264 swing low, the old yearly high, would bring the 38.2% fib near 0.8253 and the SNB low at 0.8229 into view
  • Fed's Williams (09:15 UTC), US Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read

03:01 UTC

Uptrend, consolidating below week high · RSI 61 · price 0.82879

Higher lows from Tuesday's 0.8183 low; post-SNB range 0.8264–0.8296.

USDCHF has climbed about 110 pips off Tuesday's London-session low at 0.8183, with the weekly open at 0.8230 reclaimed on Wednesday's PMI beats. Thursday's SNB hold and softer intervention language triggered the breakout through the prior yearly high near 0.8263, and the NY session extended the move to a week high at 0.8296. Since then price has held a tight range above the thu low at 0.8264, with the ema20 near 0.8280 catching dips in Asia and RSI(14) steady near 61.

Support: 0.8280, 0.82643, 0.8230

Resistance: 0.82964, 0.8300

What it said to watch

  • H1 close above the 0.8296 week high and the 0.8300 round number extends the breakout leg
  • Failure to hold the thu low at 0.8264 puts the 38.2% fib near 0.8253 and the higher-low trendline near 0.8249 in view
  • US Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read, alongside Williams and Hammack remarks
  • An oil spike or US-Iran risk-off headline could revive CHF haven demand against the stretched move
  • A break of the higher-low trendline would expose the weekly open at 0.8230

02:02 UTC

Uptrend, consolidating below week high · RSI 60 · price 0.82837

Higher lows since Tuesday's 0.8183 low; tight range above EMA20.

USD/CHF has printed higher lows since Tuesday's London-session dip to 0.8183. Wednesday's PMI beat lifted the pair in NY hours, and Thursday's dovish SNB hold drove a London breakout through the 0.8263 area to a 0.8296 week high. Since then price has compressed in a roughly 30-pip band above the EMA(20) near 0.8276, with RSI(14) easing to about 60. The 0.8264 swing low held Thursday's NY pullback.

Support: 0.8276, 0.82643, 0.82287

Resistance: 0.82964, 0.8300

What it said to watch

  • H1 close above the 0.8296 week high and the 0.8300 round number would extend the uptrend leg
  • Failure to hold the 0.8264 swing low puts the 38.2% fib near 0.8253 and the 0.8229 snb low in focus
  • A break of the higher-lows trendline from 0.8183, now near 0.8247, would end the week's uptrend structure
  • Fed's Williams (09:15 UTC), Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read

01:03 UTC

Uptrend, pausing after SNB-driven breakout · RSI 59 · price 0.82802

Higher lows from Tuesday's low; tight box below week high.

The week turned at Tuesday's London-session low of 0.8183, set on the SNB intervention warning and Iran-talk risk appetite. Higher lows have printed since, with Wednesday's US PMI beats lifting price through 0.8250 in NY hours. Thursday's SNB hold bar reversed from 0.8229 and broke above the 0.8263 Sep 16 high, reaching the 0.8296 week high in NY. Since then price has held a 0.8264–0.8296 box above the ema20 at 0.8274, with RSI(14) cooling to about 59 and the late-ny high at 0.8291 capping the Asia session.

Support: 0.8274, 0.8264, 0.8253

Resistance: 0.8291, 0.8296, 0.8300

What it said to watch

  • H1 close above the 0.8296 week high brings the 0.8300 round number and the 0.8347 area into view; the late-ny high at 0.8291 is the first cap
  • Failure to hold the thu ny low at 0.8264 exposes the fib 38.2 of the Tue–Thu impulse at 0.8253 and the rising higher-low trendline
  • Williams at 09:15 UTC, then Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC, could materially shift this read
  • Iran/Hormuz headlines driving a haven CHF bid would test the ema20 and the higher-low sequence

00:02 UTC

Uptrend, consolidating below week high · RSI 59 · price 0.82816

Higher highs and higher lows since Tuesday's 0.8183 week low.

The Tuesday-to-Thursday impulse from the 0.8183 week low has printed three higher highs. The Wednesday NY-session leg followed the US PMI beats, and Thursday's London breakout came after the SNB's dovish hold diluted its intervention language. Hawkish Fed speakers extended the move to a 0.8296 week high in NY, and the pullback to 0.8264 held on a retest of the 0.8263 yearly high. Price is now compressing in a 0.8272–0.8290 band above EMA(20). RSI(14) near 59 has cooled from overbought, while the higher lows trendline from Tuesday remains intact.

Support: 0.8263, 0.82287, 0.81833

Resistance: 0.82964, 0.8300

What it said to watch

  • H1 close back below the 0.8263 yearly high would turn Thursday's breakout into a false break and expose the 0.8229 snb-day low
  • Clearance of the 0.8296 week high brings the 0.8300 round number into view
  • A break of the higher lows trendline from the 0.8183 week low would end the sequence in place since Tuesday
  • Fed's Williams 09:15 UTC, US durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read

All markets that day · Today’s USD/CHF Live Scan in the terminal