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USDCHF Technical Analysis

The recent policy divergence between the SNB and the Fed has sent the USDCHF pair lower. In fact, the Fed has paused its tightening cycle at 5.00-5.25% because it wants to see more data before making a decision on another rate hike, while the SNB kept on being hawkish as the Governor Jordan remained adamant on getting inflation down to target and not backing off now because of the risk of second and third round effects. USDCHF Technical Analysis – Daily TimeframeOn the daily chart, we can see th... Read More

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Usdchf

Technical

Analysis

Forex

Posted: Jun 21 2023, 06:50

Author Name: forexlive

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