USDCHF Offers A Bullish Continuation Opportunity From A Valid Bottom
The USDCHF pair declines to 0.9120 due to selling pressure on the US Dollar. The Swiss Franc (CHF) is supported by the cautious market sentiment preceding the publication of GDP data from Switzerland and the United States on Thursday.
Can USDCHF Bulls Reach The 0.9000 Psychology Level?
USDCHF showed a third consecutive session of gains, supported by the US Dollar bulls. As a result of market sentiment indicating that the Federal Reserve is not likely to reduce interest rates at its March meeting, the US Dollar (USD) gained strength.
USDCHF Is At Multi-year Low Before The New Year
In the daily chart of USDCHF, the recent price extended the downside pressure and reached the multi-year low, indicating further loss in the coming days.
Fundamental Analysis of the USDCHF Currency Pair
Forex analysis for the USDCHF currency pair including fundamental analysis, trading strategies, news and USD CHF macroeconomic overview.