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USD/CHF looks for a bit more of a pullback for now

USD/CHF looks for a bit more of a pullback for now

After the Friday drop last week, the stronger Swiss inflation numbers on Monday pushed the pair towards 0.9300 before catching a bounce yesterday. The rebound amid Fed chair Powell's more hawkish remarks helped to see USD/CHF run into yet another test of its 100-day moving average (red line), which it is now pushing just above.

A firm break there will be a win for buyers in trying to find a bit more of a relief afte... Read More

Posted: Mar 8 2023, 09:14
Author Name: forexlive
Views: 110792

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