USDCHF London briefing — 2026-08-03

BIAS NEUTRAL — H4/H1 EMAs divergent, RSI(14) at 46.42 midpoint, D1 structure lacks directional conviction. No genuine edge. KEY LEVELS R: 0.81, 0.815, 0.82072 | S: 0.805, 0.80349, 0.8 NEWS 🟡 ISM Manufacturing Employment Index (Mon 14:00 UTC) 🔴 S&P Global Manufacturing PMI (Mon 13:45 UTC) 🔴 Construction Spending MoM (Mon 14:00 UTC) SESSION OUTLOOK US data cluster mid-session may spark volatility around 0.81 resistance. Watch how price reacts; no pre-bias commitment warranted until structure clarifies.

Key Levels

R: 0.81000 · 0.81500 · 0.82072

S: 0.80500 · 0.80349 · 0.80000