USDCHF Asia briefing — 2026-05-06

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI at 40 confirms downside momentum despite neutral D1. KEY LEVELS R: 0.785, 0.79, 0.79251 | S: 0.78, 0.77763, 0.775 NEWS 🔴 ADP Employment Change — Wed 12:15 UTC 🟡 Fed's Musallem Speech — Wed 13:30 UTC 🔴 MBA Mortgage Applications — Wed 11:00 UTC SESSION OUTLOOK Watch ADP print for USD strength confirmation. Speech may spark volatility; support holds key to continuation lower. PRO UNLOCKS Entry 0.7805, SL 0.7855, TP1 0.7763, TP2 0.775, FVG 0.779–0.7815, liquidity sweep 0.79251

Key Levels

R: 0.78500 · 0.79000 · 0.79251

S: 0.78000 · 0.77763 · 0.77500