USDCHF London briefing — 2026-07-28

BIAS NEUTRAL. EMA structure (H4/H1 bullish) conflicts with bearish bias call and daily structure; RSI neutral at 64. No clear directional edge. KEY LEVELS R: 0.81973, 0.82, 0.825 | S: 0.815, 0.81, 0.80315 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🟡 Goods Trade Balance (Tue 12:30 UTC) 🟡 Wholesale Inventories (Tue 12:30 UTC) SESSION OUTLOOK Watch mid-session USD data reactions near 0.81973 resistance. Bullish EMA setup favors continuation if ADP beats; monitor support hold at 0.815. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity swe

Key Levels

R: 0.81973 · 0.82000 · 0.82500

S: 0.81500 · 0.81000 · 0.80315