USDCHF London briefing — 2026-10-20

BIAS BEARISH. Combined D1/H4/H1 trend votes, H4 and H1 fair value gaps, and neutral RSI support downside continuation. KEY LEVELS R: 0.83, 0.835, 0.83953 | S: 0.825, 0.82018, 0.82 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🟡 Building Permits MoM (Tue 12:30 UTC) SESSION OUTLOOK Watch for breakbelow 0.825 on ADP/Permits data. H1 FVG zones define shorting depth and reversal risk.

Key Levels

R: 0.83000 · 0.83500 · 0.83953

S: 0.82500 · 0.82018 · 0.82000