USDCHF London briefing — 2026-08-07

BIAS BULLISH. D1 structure bullish; H1 EMA bullish supports upside. H4 neutral divergence and RSI 58 lack conviction but don't reverse the higher timeframe bias. KEY LEVELS R: 0.815, 0.82, 0.82072 | S: 0.81, 0.805, 0.80401 NEWS 🔴 Average Hourly Earnings MoM (USD) – Fri 12:30 UTC 🔴 Average Hourly Earnings YoY (USD) – Fri 12:30 UTC SESSION OUTLOOK US jobs data (earnings focus) arrives mid-London. Strong print supports USD strength; weak print risks pullback to support. Watch 0.815 resistance reaction.

Key Levels

R: 0.81500 · 0.82000 · 0.82072

S: 0.81000 · 0.80500 · 0.80401