Every read JAFX AI made on the USD/CHF daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Uptrend rolling over · RSI 45 · price 0.80362
Topping after failed highs.
Multi-month uptrend from the late-Feb 0.76727 low, price still above EMA(50) on D1. Two weekly attempts at the 0.8100-0.81394 1yr-high zone rejected, forming a double top; the weak June NFP print (57K vs 110K) then drove USD softness and broke the ~0.8070 neckline, taking price to 0.80362. Now probing the 0.8000 round number.
Support: 0.8000, 0.7940
Resistance: 0.8070, 0.8100, 0.81394
What it said to watch
- Daily close below 0.8000 opens the 0.7940 swing low
- Reclaim of the 0.8070 neckline negates the double-top read
- FOMC minutes Wed could reset the USD leg
21:03 UTC
Uptrend, momentum stalling near highs · RSI 47 · price 0.80362
HH/HL chain up to mid-June, pulling back from 0.8139.
Multi-month uptrend off the late-February lows, with price holding above the D1 EMA(50) throughout the advance to a fresh one-year high at 0.8139 in mid-June. The last two sessions have slid off that peak after the June NFP miss (57K vs 110K) knocked the USD, and the pair is now pressing the 0.8000 pivot. Weekly cadence has flipped from steady gains to a stall-and-pullback near the highs.
Support: 0.8000, 0.7982, 0.7910
Resistance: 0.8100, 0.81394
What it said to watch
- D1 close below 0.8000 opens 0.7982 then 0.7910
- A rebuild in Fed hike odds could snap the pair back toward 0.8100
- FOMC minutes Wed could materially shift this read