USDCHF London briefing — 2026-06-03

BIAS NEUTRAL — RSI overbought (76) conflicts with bullish EMA alignment; daily structure remains bearish, signaling pullback risk despite intraday momentum. KEY LEVELS R: 0.795, 0.79078, 0.79 | S: 0.78955, 0.785, 0.78 NEWS 🔴 ADP Employment Change — 12:15 UTC 🟡 Fed's Barr Speech — 13:00 UTC 🟡 MBA Mortgage Apps — 11:00 UTC SESSION OUTLOOK ADP miss could trigger USD weakness; watch 0.79 resistance rejection into Fed commentary. Overbought conditions favor scalp reversals near resistance. PRO UNLOCKS Entry zones, stops, targets, liquidity sweeps, FVG invalidation signals — Pro subscribers unlock full trade map.

Key Levels

R: 0.79000 · 0.79078 · 0.79500

S: 0.78500 · 0.78000 · 0.77955