The USD/CHF pair went back and forth during the course of the week, but the one thing that he did do was clear the 0.96 level. With that, we feel the
The USD/CHF pair went back and forth during the course of the week, but the one thing that he did do was clear the 0.96 level. With that, we feel the buyers are going to continue to pushes market higher, probably heading towards the 0.98 handle given enough time. Above there, we should then head to the parity. The 0.95 level below is massively supportive as far as we can see, so at this point in time we don’t have any real interest in selling this particular market.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.