USDCHF London briefing — 2026-09-29

BIAS BULLISH. D1 + H4 + H1 trend alignment, H4 and H1 fair value gaps, and bullish liquidity sweep of highs drive conviction despite RSI overbought. KEY LEVELS R: 0.83399 | 0.835 | 0.84 | S: 0.83 | 0.825 | 0.80525 NEWS 🟡 Fed's Musalem speech (USD) 11:30 UTC | 🟡 Redbook Index (USD) 12:55 UTC | 🟡 KOF Leading Indicator (CHF) 07:00 UTC SESSION OUTLOOK London session opens with USD strength potential from Musalem speech mid-session. Watch H1 structure hold above support; resistance tests likely if momentum persists.

Key Levels

R: 0.83399 · 0.83500 · 0.84000

S: 0.83000 · 0.82500 · 0.80525