The USD/CHF pair broke higher during the course of the day on Thursday, as we are cleanly above the 0.95 handle. With this, we feel that the market is
The USD/CHF pair broke higher during the course of the day on Thursday, as we are cleanly above the 0.95 handle. With this, we feel that the market is going to continue to go higher, and therefore pullback should be buying opportunities. We also would be buyers above the top of the range for Thursday, and believe that this pair will eventually reach out towards the 0.98 level given enough time. We have no interest in selling, and believe that the 0.95 level will continue to offer support even if we do fall from here.
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.
