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.
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.
