USDCHF Asia briefing — 2026-05-12

BIAS BEARISH — D1 structure dominates; H4 EMA bearish despite H1 neutrality and RSI 48.96 holding midpoint. KEY LEVELS R: 0.78, 0.785, 0.79251 | S: 0.7762, 0.775, 0.77 NEWS 🟡 Producer/Import Prices MoM & YoY (CHF) 06:30 UTC 🟡 Fed Williams speech (USD) 07:15 UTC SESSION OUTLOOK CHF data unlikely to spark volatility; Williams speech may stiffen USD briefly. Watch holds near 0.7762 support; break below targets 0.775. PRO UNLOCKS [Entry 0.7765, SL 0.7810, TP1 0.7750, TP2 0.7700, FVG 0.7780–0.

Key Levels

R: 0.78000 · 0.78500 · 0.79251

S: 0.77620 · 0.77500 · 0.77000