USDCHF London briefing — 2026-05-19

BIAS BULLISH. D1 structure confirmed by aligned H4/H1 EMAs; RSI neutral supports continuation without overbought risk. KEY LEVELS R: 0.79232, 0.795 | S: 0.785, 0.78, 0.7762 NEWS 🟡 ADP Employment Change 4-week avg (12:15 UTC) 🟡 Pending Home Sales MoM (14:00 UTC) 🟡 Redbook Index YoY (12:55 UTC) SESSION OUTLOOK USD data prints may spark volatility around 0.79 resistance. Watch for breakout confirmation or pullback to 0.785 support during London peak. PRO UNLOCKS Entry 0.78750 | SL 0.7762 | TP1 0.79 | TP2 0.795 | FVG 0.7845

Key Levels

R: 0.79000 · 0.79232 · 0.79500

S: 0.78500 · 0.78000 · 0.77620