The USD/CHF pair rose slightly during the course of the session on Thursday, but remained below the parity level. With this, the market looks as if a
The USD/CHF pair rose slightly during the course of the session on Thursday, but remained below the parity level. With this, the market looks as if a break above the parity level would be reason enough to continue buying this market. After all, the parity level is about as psychologically significant as you can possibly imagine when it comes to the Forex markets. We believe that pullbacks should of course be buying opportunities as well, as there is more than enough support underneath the keep the US dollar afloat against the Swiss franc.
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.
