Grinding higher within tight range below session high.
USDCHF is grinding back toward the 0.79758 session high after holding the 0.79620 swing low, with CHF soft on SNB-mispricing flows keeping the pair pinned near two-month highs. Volume has thinned into the latest bars as price coils just under the highs; RSI(14) around 60, no extreme.
Support: 0.7962, 0.79479
Resistance: 0.79758, 0.8000
What it said to watch
M15 close above 0.79758 opens the path toward the 0.80000 psych barrier
Failure to hold 0.79620 reopens the 0.79479 session low
USD/CHF grinding higher through the NY session, pinned at two-month highs just under the 0.79758 session high with the 0.8000 psych barrier above; soft CHF theme keeps the pair bid. ATR has compressed to ~4 pips into the late session — chain of higher lows intact off the 0.79479 sweep.
Support: 0.7963, 0.79582, 0.79479
Resistance: 0.79758, 0.8000
What it said to watch
M15 close above 0.79758 opens the path to 0.8000
Failure to hold 0.79630 breaks the higher-low chain
Loss of 0.79582 prior low reopens 0.79479 sweep area
Pair grinding higher through the London session, posting a rising-lows chain since the 0.79479 dip, with the current bar at 0.79699 pressing under the 0.79758 session high. RSI(14) near 60 — firm but not stretched; CHF stays soft into next week's SNB and FOMC events, neither of which is imminent.
Support: 0.7962, 0.79479
Resistance: 0.79758, 0.8000
What it said to watch
M15 close above 0.79758 opens the path toward the 0.80000 psych barrier
Loss of 0.79620 breaks the rising-lows structure and exposes 0.79479
Rising lows into session high, range top in focus.
USDCHF is grinding higher through the Asia session, holding a chain of rising lows off 0.79479 and probing back toward the 0.79758 session high. Pair pinned just under the 0.80000 barrier, supported by a soft CHF tone and risk-aversion bid; RSI(14) mid-range with no extreme.
Support: 0.7956, 0.79479
Resistance: 0.79758, 0.8000
What it said to watch
Sustained M15 close above 0.79758 exposes the 0.80000 psych barrier
Loss of 0.79560 breaks the rising-low chain
SNB rate decision Jun 18 07:30 UTC is the key CHF swing factor