USDCHF London briefing — 2026-07-17

BIAS BEARISH. H1 EMA bearish with RSI neutral supports downside bias; D1 structure neutral prevents conviction, but hourly momentum favors sellers. KEY LEVELS R: 0.81, 0.815, 0.81514 | S: 0.805, 0.801, 0.8 NEWS 🟡 Building Permits (MoM) – Fri 12:30 UTC (MEDIUM impact) 🟡 Building Permits Change – Fri 12:30 UTC (LOW impact) 🟡 Export Price Index (MoM) – Fri 12:30 UTC (LOW impact) SESSION OUTLOOK Soft USD data at London open may pressure pair toward 0.805 support. Watch for volatility spike around 12:30 UTC; risk snap-back if permits print hot. PRO UNLOCKS [Entry zones, SL placement, TP clusters,

Key Levels

R: 0.81000 · 0.81500 · 0.81514

S: 0.80500 · 0.80100 · 0.80000