USDCHF London briefing — 2026-08-18

BIAS BEARISH. H1 EMA bearish with neutral H4 divergence; RSI mid-range supports downside probe toward support cluster. KEY LEVELS R: 0.815, 0.81749, 0.82 | S: 0.81, 0.805, 0.80401 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🟡 Building Permits MoM (Tue 12:30 UTC) SESSION OUTLOOK ADP and permits data mid-London may spark USD volatility. Watch 0.81 support hold; breaks below confirm bearish continuation.

Key Levels

R: 0.81500 · 0.81749 · 0.82000

S: 0.81000 · 0.80500 · 0.80401