USDCHF London briefing — 2026-10-28

BIAS BULLISH. H4/H1 EMA alignment, H4/H1 fair value gaps, and D1 trend vote override overbought RSI and liquidity sweep of highs. KEY LEVELS R: 0.835, 0.83953, 0.84 | S: 0.83, 0.825, 0.81906 NEWS 🟡 ZEW Survey – Expectations (CHF) 09:00 UTC 🟡 MBA Mortgage Applications (USD) 11:00 UTC 🟡 Goods Trade Balance (USD) 12:30 UTC SESSION OUTLOOK Watch for CHF reaction to ZEW; bullish bias persists if price holds above 0.83. Monitor liquidity sweep context around 0.835 resistance into US data.

Key Levels

R: 0.83500 · 0.83953 · 0.84000

S: 0.83000 · 0.82500 · 0.81906