16:25 UTC
Downtrend, basing near multi-year lows · RSI 36 · price 0.78587
Broken range, sellers in control since Q1 collapse.
Macro regime is a downtrend: USDCHF collapsed in Q1 from the 0.91 area through the 0.86 shelf and has spent the last six months grinding sideways between 0.78 and 0.81. Price sits in the lower half of that base, below both W1 EMA(20) and EMA(50), with the multi-year 0.76 swing low still untested. RSI in the mid-30s reflects persistent weakness without yet reaching weekly oversold extremes.
Support: 0.7800, 0.76043
Resistance: 0.8100, 0.8300
What it said to watch
- Weekly close back above 0.81 supply would neutralise the downtrend read
- Loss of the 0.78 range low opens the path toward the 0.76 swing low
- Sustained acceptance above 0.83 prior shelf would mark a regime shift