19:03 UTC
Uptrend since Q1 2026 low, stalling below 0.84 · RSI 55 · price 0.82109
Higher lows from 0.7604; three-week pause under 0.8395 oct high.
USDCHF has been in a recovery uptrend since the January 2026 low at 0.7604. A rising trendline of higher lows through May and the 0.7950 aug low has carried price back above the 2025 range and the W1 EMA(50), now near 0.8069. The advance stalled at the 0.8395 oct high and price has posted three weeks of lower highs. That pause comes as the softer-yield USD tone produced a third weekly loss, while the 0.8192 swing low held on each test. Price sits on the 23.6% retracement of the Q1–Q4 rally, with RSI mid-range and no extreme in play.
Support: 0.8192, 0.8069, 0.7950
Resistance: 0.8395, 0.8476
What it said to watch
- Weekly close below the 0.8192 swing low opens a deeper pullback toward the 38.2% retracement and the ema50/rising trendline confluence near 0.8070
- Loss of the rising trendline and ema50 would put the aug low at 0.7950 back in focus and challenge the uptrend read
- Weekly close above the 0.8395 oct high opens the path to the 0.8476 may-25 high
- Swiss CPI Tue 3 Nov and ISM Manufacturing Mon 2 Nov could materially shift this read, with US midterms adding event risk mid-week