USDCHF London briefing — 2026-05-05

BIAS BULLISH. D1 structure dominates neutral H4/H1; RSI 53 supports continuation upside. KEY LEVELS R: 0.785, 0.79, 0.79251 | S: 0.78, 0.77763, 0.775 NEWS 🟡 Goods & Services Trade Balance (USD) — 12:30 UTC 🟡 Goods Trade Balance (USD) — 12:30 UTC 🟡 Redbook Index YoY (USD) — 12:55 UTC SESSION OUTLOOK London opens with soft USD data at noon; watch 0.785 resistance break for bullish continuation. RSI divergence eases if price holds above 0.78 support. PRO UNLOCKS [Entry zones, SL precision, TP clusters, FVG sweeps, Fib extensions — Pro subscribers unlock full execution plan]

Key Levels

R: 0.78500 · 0.79000 · 0.79251

S: 0.78000 · 0.77763 · 0.77500