The USD/CHF pair broke higher during the course of the session on Friday, breaking above the parity level. That of course is a very bullish sign, so
The USD/CHF pair broke higher during the course of the session on Friday, breaking above the parity level. That of course is a very bullish sign, so having said that it’s only a matter of time before we continue to go much higher. We believe that the market will eventually go much higher given enough time, and the pullbacks continue to be buying opportunities now that we have broken above this rather significant resistance barrier. We believe that support runs all the way down to the 0.98 handle at the very least.
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.
