USD/CHF broke higher Friday after the blowout US payrolls print (172K vs 85K) revived Fed-hike odds, surging off the 0.788 base to a fresh week high at 0.79722. Price holds above EMA(20) and EMA(50) with RSI(14) stretched near 68 after the impulse. The 0.7927-0.7934 prior-high zone now sits as the first reference below.
Support: 0.79388, 0.7927, 0.7918
Resistance: 0.79722
What it said to watch
US CPI Tue 12:30 UTC could materially shift this read
H1 close below 0.79388 session low breaks the rising sequence
Resistance at 0.79722 week high — area to watch for rejection or break
Higher highs since Friday breakout, now consolidating below week high.
USDCHF ripped out of a 0.7880 base on Friday's blowout NFP print (172K vs 85K), a single H1 bar adding ~50 pips and extending to a fresh week high at 0.79684. Price has since stalled in a 0.7939–0.7968 band, holding well above EMA20 and EMA50 with RSI cycling in the low 60s. The breakout zone near 0.7910 has not been retested; haven-driven franc demand earlier in the week was overpowered by the post-payroll dollar bid.
Support: 0.79388, 0.7910, 0.7879
Resistance: 0.79684, 0.8000
What it said to watch
US CPI Tue Jun 10 12:30 UTC is the dominant catalyst and could reset this read
H1 close above 0.79684 week high opens the path toward 0.8000
Failure to hold 0.79388 swing low exposes the 0.7910 breakout zone
USD/CHF broke out of the prior 0.7870–0.7930 band on Friday's blowout NFP (172K vs 85K), spiking through the 0.7927–0.7934 prior high zone and tagging the 0.79678 week high before easing into the close. Price holds well above EMA20 and EMA50 with RSI(14) elevated near 68 after the impulse. The old high zone now acts as the breakout base, with a shallow pullback finding the 0.79288 swing low.
Support: 0.79288, 0.7920, 0.7910
Resistance: 0.79678, 0.8000
What it said to watch
H1 close above 0.79678 week high opens the path toward the 0.8000 psych level
Loss of 0.79288 swing low would mark the first lower-low since the breakout
US CPI Tue Jun 10 could materially shift this read