USDCHF New York briefing — 2026-05-08

BIAS BEARISH — D1 structure confirmed by aligned H4/H1 EMAs; RSI neutral supports downside continuation. KEY LEVELS R: 0.78, 0.785, 0.79251 | S: 0.77662, 0.775, 0.77 NEWS 🔴 Michigan Consumer Sentiment Index (HIGH) — Fri 14:00 UTC 🟡 Michigan Consumer Expectations Index (MEDIUM) — Fri 14:00 UTC 🟡 UoM 1-year Inflation Expectations (MEDIUM) — Fri 14:00 UTC SESSION OUTLOOK Watch for USD weakness if sentiment misses; downside bias targets 0.775 support. Sentiment beats may consolidate or limit further CHF strength. PRO UNLOCKS Exact entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci

Key Levels

R: 0.78000 · 0.78500 · 0.79251

S: 0.77662 · 0.77500 · 0.77000