19:04 UTC
Uptrend from Q1 2026 low, extending · RSI 65 · price 0.82806
Higher lows since Jan 2026; Jul–Aug range broken to the upside.
USDCHF has carried a regime of recovery since the late-January 2026 low at 0.7604, printing higher lows along a rising support line and clearing the 0.8000–0.8207 Jul–Aug range top in September, a seven-week run fed by a hawkish Fed and high US yields. Price sits well above the W1 EMA(50), which has flattened and turned up near the 0.8000 psych handle, so the macro filter now reads up. Last week's upper wick at the 0.8382 17-month high shows supply there, with the 0.8476 May-25 high the next multi-quarter cap and weekly RSI near 65, short of overbought.
Support: 0.8207, 0.8000, 0.7604
Resistance: 0.8382, 0.8476
What it said to watch
- US CPI Wed Oct 14 could materially shift this read via yields and Fed pricing
- Weekly close back below the 0.8207 range top would turn the September breakout into a false break
- Weekly close above the 0.8382 17m high opens the path toward the 0.8476 May-25 high
- Break of the 2026 rising support near 0.8000 and the ema50/psych would end the higher-low sequence