USDCHF London briefing — 2026-06-01

BIAS BEARISH — H4 EMA confirms downtrend; RSI neutral prevents force-sell, but D1 structure leaves room for consolidation before continuation. KEY LEVELS R: 0.785, 0.79, 0.79078 | S: 0.78, 0.77955, 0.775 NEWS 🟡 S&P Global Manufacturing PMI (USD) — 13:45 UTC 🟡 Construction Spending MoM (USD) — 14:00 UTC 🟡 ISM Manufacturing Employment Index (USD) — 14:00 UTC SESSION OUTLOOK Medium-impact US data clusters mid-London. Weak prints could accelerate CHF strength; beats may stall bearish momentum temporarily. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity sweeps, Fib retracements — unlock with Pro membership.

Key Levels

R: 0.78500 · 0.79000 · 0.79078

S: 0.78000 · 0.77955 · 0.77500