USDCHF extended its NFP-driven advance into the 0.7980 area, two-month highs, with price riding above EMA(20) since the midweek 0.7868 low. RSI(14) is cycling in the upper 50s and price has stalled just under the 0.7986 week high, consolidating below the 0.8000 round number. Pullbacks this week have found demand into the weekly open near 0.7947, keeping the higher-low structure intact.
Support: 0.7972, 0.7957, 0.7947
Resistance: 0.7986, 0.8000
What it said to watch
H1 close above 0.8000 psych opens path higher
Failure to hold 0.7947 weekly open breaks the higher-low sequence
US CPI Wed 12:30 UTC could materially shift this read
Higher highs since Friday's NFP impulse, consolidating near highs.
USDCHF gapped higher and ran from 0.7868 to two-month highs near 0.7986 after Friday's blowout 172K NFP revived Fed hike bets, with the Swiss CPI miss adding to CHF's rate disadvantage. Price has since stalled in a tight consolidation below 0.7980, holding above the EMA20 with RSI cycling in the high-50s. The 0.7986 week high and the 0.8000 round number cap the move; pullbacks have so far found buyers around 0.7959.
Support: 0.79586, 0.7973, 0.79388
Resistance: 0.79866, 0.8000
What it said to watch
Hourly close above 0.7986 opens the path to the 0.8000 psych level
Failure to hold 0.79586 swing low signals a deeper pullback toward 0.79388
US CPI Wed Jun 10 12:30 UTC could materially shift this read — crowded USD longs vulnerable on a soft print
Higher highs and higher lows, pressing two-month-high zone.
USDCHF has trended higher all week, with the dominant impulse a sharp leg off 0.7868 that cleared the 0.7934 prior cap on USD strength after Friday's blowout NFP and safe-haven flows. Price now sits just under the week high at 0.79866 with RSI(14) easing into the high-50s, signalling momentum cooling rather than reversing. EMA(20) has guided each pullback, with the latest higher low at 0.7957 holding the rising structure.
Support: 0.7957, 0.7947, 0.7933
Resistance: 0.79866, 0.8000
What it said to watch
H1 close above 0.79866 opens the path toward the 0.8000 psych level
Failure to hold 0.79570 breaks the rising higher-low sequence
US CPI Wed (12:30 UTC) is the week's key catalyst and could materially shift this read
22:01 UTC
Uptrend, near week high · RSI 61 · price 0.79763
Higher highs and higher lows since midweek.
USDCHF extended its rally toward two-month highs, with the dominant leg coming off the 0.7868 week low after Friday's blowout NFP firmed the dollar and the soft Swiss CPI kept the franc pressured. A weekend gap opened the latest session higher and price has since coiled just under 0.79866, holding above EMA(20) with RSI(14) cycling in the upper half. The 0.8000 psych level sits as the next overhead reference.
Support: 0.79572, 0.79388, 0.78679
Resistance: 0.79866, 0.8000
What it said to watch
Sustained close above 0.79866 opens the path to 0.8000
Failure to hold 0.79572 breaks the run of higher lows
US CPI Wed 12:30 UTC is the week's key catalyst and could materially shift this read
USD/CHF is pressing two-month highs near 0.7980 after a broad USD bid this week, kick-started by Friday's NFP beat that drove the NY-session breakout from 0.7880 to the 0.7960s. This week reopened with a brief gap lower that was quickly absorbed, and higher-lows have held into the 0.7958 region. Price sits above EMA20 with RSI cycling in the upper half, and the 0.7987 week high sits just under the 0.8000 round number.
Support: 0.79572, 0.79388, 0.7920
Resistance: 0.79866, 0.8000
What it said to watch
US CPI Wed 12:30 GMT is the key catalyst and could materially shift this read
A close above 0.8000 opens the path higher; week high 0.79866 caps for now
Failure to hold 0.79572 breaks the higher-low sequence
21:02 UTC
Uptrend, extended · RSI 63 · price 0.79784
Higher highs/higher lows, near two-month high.
USDCHF has trended higher since Friday's NFP blowout drove the breakout off 0.7872, pushing through the 0.7934 prior cap and printing a two-month high at 0.79866. Price reopened firm after the weekend gap and holds above both EMAs with RSI(14) cycling in the 55-65 zone on each pullback. The 0.8000 psych level is the next overhead reference into Wednesday's US CPI.
Support: 0.7958, 0.7934, 0.7872
Resistance: 0.79866, 0.8000
What it said to watch
Hourly close above 0.80000 psych extends the breakout
Failure to hold 0.79580 session low signals momentum stalling
Loss of 0.79340 prior cap would break the higher-low structure
US CPI Wed 12:30 GMT is the key catalyst for this read
20:01 UTC
Uptrend, extended into highs · RSI 62 · price 0.79809
Higher highs, higher lows; pressing week top.
USDCHF has trended higher all week from Monday's 0.7867 open, with the decisive leg coming during the NY session that gapped through the prior 0.7934 cap and ran to a week high at 0.7986 — safe-haven USD demand plus the NFP afterglow driving the bid. Price holds above EMA20 with pullbacks shallow and RSI cycling in the 55-65 zone, leaving the 0.8000 psychological mark as the next overhead reference. Demand has stepped in repeatedly around the 0.7957-0.7960 area on dips.
Support: 0.7966, 0.79572, 0.79388
Resistance: 0.79866, 0.8000
What it said to watch
Wed US CPI (12:30 GMT) is the week's defining catalyst and could materially shift this read
Hourly close below 0.7957 swing low would break the run of higher lows
0.80000 psych — area to watch for rejection or break
20:01 UTC
Uptrend, near two-month highs · RSI 61 · price 0.79809
Higher highs, higher lows; pressing range top.
USDCHF has trended steadily higher since the weekly open near 0.7963, with the dominant impulse following Friday's NFP beat and a hawkish-Fed/safe-haven USD bid. Price is grinding into the 0.79866 week high with RSI cycling in the 55-65 band on each pullback; pullbacks have held above the rising support. The 0.80 round number sits just above as the next reference zone.
Support: 0.79628, 0.79472, 0.79572
Resistance: 0.79866, 0.8000
What it said to watch
US CPI Wed 12:30 GMT is the week's defining catalyst and could materially shift this read
Sustained close above 0.79866 opens the path toward the 0.80000 psych level
Failure to hold 0.79628 week open would break the higher-low sequence
Higher highs and higher lows since midweek impulse.
USDCHF has trended higher since the midweek impulse off the 0.7872 zone, with the 0.79313 breakout candle anchoring a run of higher lows on safe-haven USD demand and the soft Swiss CPI backdrop. Price stalled into the 0.79866 week high after a small weekend gap, with RSI(14) flattening around 61 as momentum eases just under the 0.8000 psych level. The 0.79572 swing low has held buyers on the last pullback, keeping the structure constructive above EMA(20).
Support: 0.79572, 0.79388, 0.79313
Resistance: 0.79866, 0.8000
What it said to watch
Hourly close above 0.80000 psych level opens the path to extension
Failure to hold 0.79572 swing low would mark the first lower-low
US CPI Wed 12:30 GMT is the week's defining catalyst and could reset this read
Higher highs and higher lows since Thursday's surge.
USDCHF has trended up since Thursday's breakout off 0.7868, when safe-haven USD demand and NFP afterglow drove a 50-pip impulse. After a small weekend gap the pair pressed to a 0.7986 week high, then stalled and is consolidating just above EMA20 with RSI cooling toward 58. The prior swing near 0.7958 has so far contained pullbacks.
Support: 0.7958, 0.7947, 0.7872
Resistance: 0.7986, 0.8000
What it said to watch
Hourly close above 0.7986 week high opens the path to the 0.8000 psych level
Loss of 0.7958 prior swing would mark the first lower-low of the week
US CPI Wed 12:30 GMT is the defining catalyst and could materially shift this read
USDCHF has run to two-month highs near 0.7986 this week, the leg driven by USD strength after Friday's NFP shock (172K vs 85K) and safe-haven flows. Price has held above EMA20 since the Monday breakout above 0.7930, with RSI(14) cycling in the 50s on each pullback. The pair is now consolidating just under the 0.7986 week high with the 0.8000 round number capping the path above.
Support: 0.79572, 0.79472, 0.79313
Resistance: 0.79866, 0.8000
What it said to watch
Hourly close above 0.7986 opens the path toward the 0.8000 round number
Failure to hold the 0.7957 swing low exposes 0.7947
High-impact US CPI Wed 12:30 UTC is the week's pivot and can reset this read
18:01 UTC
Uptrend, near week highs · RSI 63 · price 0.79738
Higher highs, consolidating under resistance.
USDCHF has run a clean uptrend this week, led by USD strength after Friday's NFP beat (172K vs 85K) that revived Fed-hike pricing. The dominant impulse broke from 0.788 toward 0.7990, and price has since consolidated under the 0.79866 week high with RSI holding the low-60s. Price sits above both EMA20 and EMA50, with pullbacks finding the EMA20 around 0.7965.
Support: 0.7958, 0.7941, 0.7965
Resistance: 0.79866, 0.8000
What it said to watch
H1 close above 0.79866 opens the path to the 0.8000 psych level
Failure to hold 0.7958 session low signals a deeper pullback toward 0.7941
US May CPI Wed 12:30 UTC is the week's pivot and could materially shift this read
17:02 UTC
Uptrend, momentum cooling · RSI 56 · price 0.7973
Higher highs and higher lows since midweek.
USD/CHF accelerated through the prior 0.7934 cap during Friday's NFP-driven USD bid and the week reopened with a gap higher, tagging 0.79866 before easing back. Price holds above EMA20 and EMA50 with RSI cycling in the mid-50s on the pullback, while the soft Swiss CPI miss keeps the franc on the back foot. The 0.7957 swing low has held as the first support shelf after the run-up.
Support: 0.7957, 0.79473, 0.7934
Resistance: 0.79866, 0.8000
What it said to watch
Hold of 0.7957 keeps the higher-low sequence intact
H1 close above 0.79866 opens the path toward the 0.80 psych level
USDCHF gapped higher into Monday's open and extended the post-NFP USD bid that drove it off the 0.7868 Friday low, with safe-haven flows reinforcing the move toward two-month highs. Price holds above EMA(20) and EMA(50) with RSI(14) cycling in the upper half on each dip; the 0.7987 week high has capped the latest push and price is consolidating just beneath it. Pullbacks into 0.7965 have found demand so far.
Support: 0.7965, 0.7947, 0.7934
Resistance: 0.7987, 0.7980
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Close above 0.7987 week high opens continuation higher
Failure to hold 0.7947 week open breaks the higher-low sequence
USDCHF extended its broad USD-led advance to two-month highs, breaking the 0.7934 prior cap and printing a week high at 0.7987 before easing back toward 0.7973. Price has held above EMA20 and EMA50 since the weekend gap higher, with the 0.7957 swing low marking the latest higher low. RSI(14) cycling in the upper half reflects momentum still intact rather than exhaustion.
Support: 0.7957, 0.7947, 0.7934
Resistance: 0.7981, 0.7987
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Close back below 0.7957 swing low would break the higher-low sequence
Sustained move above 0.7987 week high opens fresh upside
Mideast risk-off headlines could revive CHF bid and stall the advance
16:01 UTC
Uptrend, momentum slowing · RSI 58 · price 0.7973
Higher highs and higher lows, stalling below week high.
USD/CHF pressed to two-month highs near 0.7986 this week as the broadly bid USD met a soft Swiss CPI print, with the dominant leg the impulsive thrust off 0.7879 through the NY session. Price has held above EMA(20) since that breakout, RSI(14) cycling in the 50s on pullbacks. The 0.7980 area has capped the last attempts while 0.7957 has absorbed dips.
Support: 0.7957, 0.7934, 0.7872
Resistance: 0.79866, 0.7980
What it said to watch
US CPI Wed 12:30 UTC is the key swing factor for this read
Sustained close above 0.79866 week high extends the upside
Failure to hold 0.7957 swing low opens a deeper pullback toward 0.7934 prior high
Higher highs and higher lows since the NFP breakout.
USDCHF has trended higher all week, with the decisive leg coming on Friday's NFP beat that broke price out of the 0.7870 base and lifted it to a week high at 0.79866. Monday reopened above the weekly open at 0.79473 and pushed to fresh highs before stalling; RSI(14) has cooled into the mid-50s as price pulled back to the 0.79572 swing low and bounced. Price holds above both EMAs with each dip into the EMA20 region so far finding demand.
Support: 0.79572, 0.79473, 0.78679
Resistance: 0.79866, 0.7980
What it said to watch
Hourly close below 0.79473 weekly open would break the run of higher lows
Acceptance above 0.79866 week high opens the path higher
US CPI Wed 12:30 UTC is the dominant catalyst and could reshape this read
USDCHF cleared the prior 0.7934 cap on Friday's NFP beat and extended to a two-month high at 0.79866, with CHF held back by last week's soft Swiss CPI. Price has since faded into the 0.7965–0.7969 area, holding above EMA20 while RSI cools from overbought toward the mid-50s. The 0.79572 swing low marks the first downside reference; the 0.7981/0.7987 band is the area to watch for rejection or fresh break.
Support: 0.79572, 0.79388, 0.78679
Resistance: 0.79812, 0.79866
What it said to watch
Loss of 0.79572 swing low breaks the higher-low sequence
Hourly close above 0.79866 week high extends the breakout
US CPI Wed 12:30 UTC is the dominant catalyst for this read
USD/CHF climbed steadily since Monday's open, accelerating Thursday into the NY session on broad USD strength after Friday's 172K NFP print, tagging a week high at 0.79866. Price has since rolled over and slipped back under EMA20 around 0.7970, with RSI cooling toward neutral after the run. The 0.79472 pullback low is the first downside reference as the rally pauses.
Support: 0.79472, 0.79388, 0.7872
Resistance: 0.7970, 0.79793, 0.79866
What it said to watch
US CPI Wed could materially shift this read
Close below 0.79472 confirms a lower-low and deepens the pullback
Reclaim of EMA20 (0.7970) and a push above 0.79866 resumes the up-leg
USDCHF has trended higher all week, with the dominant leg firing on Friday's blowout 172K NFP and reinforced by the soft Swiss CPI miss, carrying price from the 0.7868 base to a 0.79866 week high into the NY session. The latest pullback has slipped back under the H1 EMA(20) near 0.7970 with RSI cycling down toward 50, so momentum is easing after the rejection at the highs. Higher lows remain intact above 0.79572.
Support: 0.79572, 0.7947
Resistance: 0.7970, 0.79866
What it said to watch
US CPI Wed 12:30 UTC is the key swing factor and could materially shift this read
Reclaim of the 0.7970 EMA(20) reopens the path to the 0.79866 week high
Hourly close below 0.7947 swing low breaks the week's higher-low structure
USD/CHF rallied off Friday's NFP beat (172K vs 85K), clearing the 0.7934 prior cap and extending to a two-month high near 0.79866 early this week. Price has since faded through the European session, slipping back under EMA(20) around 0.7969 with RSI(14) cooling toward neutral; supply capped attempts at the 0.7980 round number and week high. The 0.79536 session low is the immediate downside reference.
Support: 0.79536, 0.79388, 0.7934
Resistance: 0.7969, 0.7980, 0.79866
What it said to watch
US CPI Wed 12:30 GMT could materially shift this read
Failure to hold 0.79388 monday low opens path toward the 0.7934 prior cap
Close back above 0.7980 round number reopens the 0.79866 week high
13:02 UTC
Uptrend, pulling back from highs · RSI 47 · price 0.79551
Higher highs post-breakout, retracing week high.
USDCHF pressed two-month highs near 0.79866 this week as USD strength after Friday's NFP beat and Mideast safe-haven flows dominated; the Swiss CPI miss added little fresh CHF support. The latest NY hours saw rejection at the week high and a slide back to 0.79551, dipping under EMA(20) while RSI(14) has cooled toward the midline. EMA(50) still sits below price, keeping the broader week's uptrend structure intact.
Support: 0.79536, 0.79388, 0.7910
Resistance: 0.79866, 0.79793
What it said to watch
US CPI Wed 12:30 GMT is the dominant near-term risk to this read
Reclaim of 0.79866 would re-open the upside extension
Failure to hold 0.79388 confirms a deeper pullback below the week range
12:01 UTC
Uptrend, pulling back from week high · RSI 53 · price 0.79628
Higher highs into 0.7986, intraday pullback.
USD/CHF extended its USD-led rally to a fresh week high at 0.79866, with the dominant impulse triggered Friday after the 172K NFP beat and carried through the latest NY session. Price has since faded back to 0.79628, slipping under EMA(20) as the move stalls, though it holds well above EMA(50) and the 0.79527 swing low. The two-month-high zone near 0.7980-0.79866 has capped the latest push.
Support: 0.79527, 0.7928, 0.7870
Resistance: 0.79866, 0.7980
What it said to watch
Loss of 0.79527 swing low would mark the first lower-low after this week's rally
H1 close above 0.79866 week high reopens the upside path
US CPI Wed 12:30 UTC could materially shift this read
USD/CHF pressed a second day toward two-month highs, breaking out on the NY surge around Friday's blowout NFP and the safe-haven USD bid, with price holding above EMA(20) since the impulse. The 0.79866 week high capped the latest push while 0.79633 has held as prior resistance turned support. RSI(14) sits in the low 60s, firm but short of extreme.
Support: 0.79633, 0.79473, 0.79388
Resistance: 0.79866, 0.7980
What it said to watch
Hourly close below 0.79473 weekly open would break the rising higher-low structure
Sustained move above 0.79866 opens the path higher
May CPI Wed 12:30 GMT is the dominant USD-side risk to this read
USD/CHF is pressing two-month highs near 0.7982, the Monday session grinding up in a tight series of higher lows after Friday's blowout NFP rebuilt USD strength and the soft Swiss CPI capped any Franc recovery. The pair broke through 0.7931 last week on a sharp impulse and has held well above EMA(20) and EMA(50) since, with RSI(14) elevated near 67. Resistance at 0.79866 has capped the latest push, with the 0.8000 psych level just above.
Support: 0.7959, 0.79473, 0.79313
Resistance: 0.79866, 0.8000
What it said to watch
Hourly close above 0.79866 opens the path toward the 0.8000 psych level
Failure to hold 0.79590 breaks the week's higher-low sequence
US CPI Wed 12:30 UTC could materially shift this read
Mideast risk-off headlines could revive a CHF safe-haven bid
Higher highs, higher lows since Friday's NFP surge.
USDCHF gapped higher into Monday's open and has extended the post-NFP rally that broke above 0.7920 late Friday, now pressing the week high near 0.79816 as the soft Swiss CPI / firm USD rate gap dominates. Price has held above EMA(20) throughout the week with RSI(14) cycling in the 55-70 band, and the 0.7955 former two-month high now sits beneath price as support. The 0.798 area is being tested for the first time this week.
Support: 0.7955, 0.79388
Resistance: 0.79816, 0.7980
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Hourly close above 0.79816 extends the breakout
Failure to hold 0.7955 would signal a lower-high forming
Risk-off / Middle East escalation reverses safe-haven CHF flows
USDCHF extended Friday's NFP-driven breakout, the blowout 172K print and soft Swiss CPI widening the rate gap and lifting price to a fresh two-month high near 0.7980. After a flat weekend gap, the Monday session reclaimed 0.7963 and pushed back toward the highs, with RSI(14) holding in the high-60s. The old 0.7955 two-month pivot now sits beneath price as the breakout shelf.
Support: 0.7963, 0.79388, 0.7955
Resistance: 0.7980
What it said to watch
H1 close back below 0.7963 would negate the breakout extension
Failure to clear 0.7980 keeps price capped below the week high
US CPI Jun 10 12:30 UTC could materially shift this read
07:01 UTC
Uptrend, momentum firm · RSI 63 · price 0.79751
Higher highs, two-month highs.
Friday's NFP beat (172K vs 85K) drove the breakout from 0.788 up through 0.796, with CHF the relative loser as the rate gap widened. The week reopened with a small gap down to 0.79473 before buyers pushed back to fresh highs near 0.798. Price holds above EMA20 and EMA50 with RSI elevated but not yet stretched.
Support: 0.79633, 0.79473, 0.79388
Resistance: 0.7980, 0.79955
What it said to watch
US CPI Tue Jun 10 12:30 UTC could materially shift this read
H1 close above 0.798 opens the path toward the 0.79955 two-month high
Failure to hold 0.79388 breaks the week's higher-low structure
USDCHF broke its two-month high on Friday's blowout US NFP (172K vs 85K), spiking off the 0.7872 area and clearing the 0.7955 pivot in one session. Monday opened with a weekend gap and the bid held, extending to a fresh week high at 0.798 with price sitting above both EMA20 and EMA50 and RSI(14) cycling in the low 60s. Pullbacks this week have found higher lows, with the broken 0.7955 level now acting as support.
Support: 0.79633, 0.79555, 0.79388
Resistance: 0.7980, 0.8000
What it said to watch
H1 close above 0.798 opens the path toward the 0.8000 psych level
Failure to hold 0.79555 would unwind the post-NFP breakout
US May CPI Wed 12:30 UTC could materially shift this read
Higher highs since NFP breakout, consolidating below week high.
USDCHF ripped from the 0.7880 area to a two-month high near 0.7980 on Friday's blowout US NFP (172K vs 85K), with CHF the relative loser as DXY pushed toward 100. The weekend gap held and Monday's session extended the move, but price is now consolidating below the 0.79796 week high with RSI(14) easing back off its highs. Pullbacks have so far found support above the 0.79313 breakout shelf, keeping price well clear of EMA20 and EMA50.
Support: 0.79555, 0.79388, 0.79313
Resistance: 0.79796, 0.8000
What it said to watch
US CPI on Wed Jun 10 12:30 UTC is the key catalyst that could materially shift this read
Hourly close back below 0.79313 breakout shelf would question the post-NFP move
Acceptance above 0.79796 week high opens the path toward the 0.80000 round number
USD/CHF broke above the 0.7955 two-month high during Friday's NFP-driven surge (172K vs 85K) and held the gain into the new week's open. Price is consolidating just under the 0.79796 session high with RSI(14) elevated in the low 60s and trading above both EMA(20) and EMA(50). The broken 0.7955 level now sits as the nearest reference support beneath the weekly open at 0.79473.
Support: 0.79473, 0.7955, 0.7934
Resistance: 0.79796, 0.8000
What it said to watch
Close above 0.79796 opens the path toward 0.8000
Loss of 0.7955 would negate the Friday breakout
US CPI Wed 12:30 UTC could materially shift this read
USD/CHF exploded higher into Friday's NY session on the blowout NFP print (172K vs 85K), clearing the 0.7955 pivot and gapping up over the weekend before Monday's Asia session extended to 0.79796. Price holds well above EMt20 and EMA50 with RSI elevated near 67, and the prior pivot at 0.7955 now sits as support. The move is one-directional and stretched ahead of Wednesday's US CPI.
Support: 0.7955, 0.79473, 0.79388
Resistance: 0.79796, 0.8000
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
H1 close back below 0.7955 weakens the breakout
0.80000 psych level — area to watch for rejection or break
02:01 UTC
Uptrend, extended into week high · RSI 65 · price 0.7973
Higher highs, higher lows since Friday breakout.
USD/CHF accelerated on Friday's NFP beat (172K vs 85K), breaking out of the 0.788 base and printing a two-month high around 0.7975 as the dollar firmed broadly and soft Swiss CPI kept the franc heavy. Price holds above EMA(20) and EMA(50) with this-week structure carving higher highs and higher lows; the 0.7975 week high is the immediate cap. Quiet weekend tape into Monday's open at 0.7947, with momentum still upward but RSI mid-60s rather than stretched.
Support: 0.7947, 0.7939, 0.7913
Resistance: 0.7975, 0.8000
What it said to watch
H1 close above 0.7975 week high opens the path toward 0.8000
Failure to hold the 0.7947 weekly open would mark the first lower-low of the week
US CPI on Jun 10 12:30 GMT is the dominant catalyst and could reset this read
Higher highs since NFP, consolidating near week high.
USDCHF ripped higher on Friday's NFP double-beat (172K vs 85K), gapping the eight-week 0.7927-0.7934 cap and extending into Monday's open near 0.7972. Price now sits above both EMAs but is stalling under the session high, with RSI cooling off its peak as the pullback finds the 0.7945 weekly-open shelf. The advance is USD-driven safe-haven unwind, not Swiss data, leaving the move hostage to Wednesday's US CPI.
Support: 0.79473, 0.79388, 0.7915
Resistance: 0.79722, 0.79678
What it said to watch
Close below 0.79388 breaks the post-NFP higher-low structure
Reclaim of 0.79722 reopens the path toward fresh week highs
US CPI Wed Jun 10 12:30 UTC could materially shift this read
USD/CHF broke decisively higher on Friday's blowout NFP (172K vs 85K), tearing out of the 0.788 base toward a week high at 0.79722. Price has held above EMA20/50 since the breakout, with RSI elevated near 66 as pullbacks stay shallow. The weekend gap down to 0.79388 was filled and buyers pressed back to the highs.
Support: 0.7941, 0.7880
Resistance: 0.79722, 0.79678
What it said to watch
Close back below 0.79410 breakout would negate the impulse
US CPI Tue Jun 10 is the next catalyst that could reset this read