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FX.co ★ blaise.rogahn | USD/CHF

USD/CHF

In principle, there are no surprises on the opening for the USD/CHF pair, although there was a small gap, but subsequently it started rising again, managing to update highs once more. However, there are also hints of a possible pullback, as there is currently a struggle around 0.79. In any case, I don't see any clear immediate targets from either side yet. I wouldn't say that the dollar is collapsing. The situation in the Middle East is not getting calmer, so the dollar may once again start to be in demand as a safe haven currency. Ultimately, it is important how we will trade against the Americans. At the moment, I am not considering buying at these levels. We have already moved above 0.7920, but failed to hold above it, so I do not rule out selling.

USD/CHF

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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