USDCHF London briefing — 2026-05-15

BIAS BEARISH. D1 structure dominates; H1 bullish divergence overridden by overbought RSI and neutral H4 EMA. KEY LEVELS R: 0.785, 0.79, 0.79251 | S: 0.78, 0.7762, 0.775 NEWS 🟡 Empire State Manufacturing (12:30 UTC) 🟡 Industrial Production MoM (13:15 UTC) 🟡 Capacity Utilization (13:15 UTC) SESSION OUTLOOK USD data cluster mid-London could trigger volatility. Watch 0.785 resistance; breach needed to invalidate bearish bias. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro.

Key Levels

R: 0.78500 · 0.79000 · 0.79251

S: 0.78000 · 0.77620 · 0.77500