USDCHF London briefing — 2026-05-25

BIAS BEARISH — D1 structure confirmed bearish; RSI oversold at 29.66 supports pullback reversal; H4 neutral divergence suggests consolidation before downside continuation. KEY LEVELS R: 0.785, 0.79, 0.79078 | S: 0.78, 0.7762, 0.775 NEWS 🟡 Chicago Fed National Activity Index (USD) — Tue 26 May 12:30 UTC 🟡 Housing Price Index MoM (USD) — Tue 26 May 13:00 UTC 🟡 S&P/Case-Shiller Home Price Indices YoY (USD) — Tue 26 May 13:00 UTC SESSION OUTLOOK Watch for bounce off 0.78 support into resistance cluster 0.785–0.79. Weak USD housing data could accelerate breakdown toward 0.7762

Key Levels

R: 0.78500 · 0.79000 · 0.79078

S: 0.78000 · 0.77620 · 0.77500