The USD/CHF pair had a very quiet session, but it does look like we have stabilized. After all, the market fell rather drastically during the Wednesday
The USD/CHF pair had a very quiet session, but it does look like we have stabilized. After all, the market fell rather drastically during the Wednesday session, but you can see it did get a bit of a bounce later in that very same day. Because of this, it makes sense that the market should continue to go higher given enough time. We are buyers on supportive candles and a move above the recent high, and have no interest whatsoever in selling as we believe there is massive support somewhere near the 0.96 handle.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
