USDCHF London briefing — 2026-08-24

BIAS BEARISH. H4 EMA downtrend + neutral RSI + divergent timeframes suggest lower odds, but daily structure remains neutral—weak conviction on the downside. KEY LEVELS R: 0.805, 0.81, 0.81476 | S: 0.8, 0.795 NEWS 🟡 Chicago Fed National Activity Index (12:30 UTC) 🟡 3M & 6M Bill Auctions (15:30 UTC) SESSION OUTLOOK London opens into mild USD data. Watch 0.805 resistance; break above negates bearish setup. Support at 0.8 critical if sellers engage.

Key Levels

R: 0.80500 · 0.81000 · 0.81476

S: 0.80000 · 0.79500 · 0.79500