21:02 UTC
Uptrend, momentum cooling · RSI 62 · price 0.81002
Higher highs and higher lows, consolidating below 11-month high.
USDCHF is in a multi-week uptrend, holding above a rising EMA(50) since the early-May base near 0.7760, with a six-session run to an 11-month high at 0.8140 on hawkish-Fed repricing. The last two sessions stalled at 0.8140 and pulled back to the 0.8100 pivot, but demand has stepped in repeatedly above 0.8040. Price remains above EMA(20) and EMA(50), structure intact.
Support: 0.8040, 0.7965
Resistance: 0.8140, 0.8170
What it said to watch
- D1 close above 0.8140 opens the 0.8170/0.8200 extension
- Failure to hold 0.8040 would mark the first lower-low of the rally
- Swiss CPI Jul 2 and US ADP/ISM Jul 1 could materially shift this read