USDCHF New York briefing — 2026-05-07

BIAS BEARISH. H4 and H1EMAs aligned downward; RSI at 30.95 signals oversold conditions favoring further downside despite D1 neutrality. KEY LEVELS R: 0.78, 0.785, 0.79251 | S: 0.77714, 0.775, 0.77 NEWS 🟡 Construction Spending MoM (USD) — 14:00 UTC 🟡 EIA Natural Gas Storage (USD) — 14:30 UTC SESSION OUTLOOK Weak data catalysts may sustain bearish momentum into support. Watch 0.77714 for continuation signals; resistance at 0.78 caps upside. PRO UNLOCKS [Unlock with Pro for precise entry, SL, TP1, TP2, FVG zones, liquidity sweep analysis, Fibonacci projections]

Key Levels

R: 0.78000 · 0.78500 · 0.79251

S: 0.77714 · 0.77500 · 0.77000