21:02 UTC
Uptrend, momentum slowing · RSI 55 · price 0.81002
Higher highs into 0.8140, now ranging below the high.
USDCHF extended a six-session rally to an 11-month high at 0.8140 before stalling and pulling back to 0.8066, with the franc firming as the broad USD took a breather after in-line core PCE. Price is now consolidating either side of the 0.8100 pivot, holding above EMA20 and EMA50 while the prior impulse digests. Higher-low structure remains intact above 0.8040.
Support: 0.8066, 0.8040
Resistance: 0.8140, 0.8170
What it said to watch
- H4 close above 0.8140 reopens the 0.8170 extension
- Failure to hold 0.8040 confirms a deeper pullback and break of higher-low structure
- Swiss CPI Jul 2 and US ADP/ISM Jul 1 could materially shift this read