USDCHF London briefing — 2026-08-11

BIAS BULLISH. D1 structure bullish; H1 EMA bullish supports upside, though H4 neutral and RSI(59) lack confirmation—minor caution warranted. KEY LEVELS R: 0.815, 0.82, 0.82072 | S: 0.81, 0.805, 0.80401 NEWS 🟡 ADP Employment Change 4-week average – Tue 12:15 UTC 🔴 NFIB Business Optimism Index – Tue 10:00 UTC 🔴 Redbook Index (YoY) – Tue 12:55 UTC SESSION OUTLOOK London opens into three USD data points; soft data may cap rally. Watch 0.815 resistance—break confirms H1 bullish bias, hold suggests consolidation into NY.

Key Levels

R: 0.81500 · 0.82000 · 0.82072

S: 0.81000 · 0.80500 · 0.80401