USDCHF New York briefing — 2026-05-12

BIAS BEARISH. D1 structure confirms downside despite neutral intraday technicals; RSI overbought signals pullback risk. KEY LEVELS R: 0.785, 0.79, 0.79251 | S: 0.78, 0.7762, 0.775 NEWS 🟡 Redbook Index (12:55 UTC) 🟡 52-Week Bill Auction (15:30 UTC) 🟡 USDA WASDE Report (16:00 UTC) SESSION OUTLOOK Redbook and WASDE dominate USD direction; expect volatility near 0.785 resistance. Watch for break below 0.78 support to confirm lower targets. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci projections—unlock with Pro subscription.

Key Levels

R: 0.78500 · 0.79000 · 0.79251

S: 0.78000 · 0.77620 · 0.77500