FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
32,408,504Confirmed
987,724Deaths
23,924,977Recovered
Fetching Location Data…
Advertisement
Advertisement
Christopher Lewis
usdchf

The USD/CHF pair did very little during the session on Friday, as we continue to bounce around just below the 0.98 handle. With that being the case, the market looks as if it is ready to continue going higher, but we need to clear the 0.98 level in order to start buying. Regardless, we have no interest whatsoever in selling this market as we feel that there is a significant amount of support all the way down to the 0.96 level. With this, we are bullish and we recognize that the Swiss National Bank will continue to work against the value of the Swiss franc in general.


 

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk