FX.co ★ blaise.rogahn | USD/CHF

Everything is stable for us in the USDCHF pair as well, because the confident upward movement continues. Moreover, yesterday we also grew and closed near local highs, which of course indicates pressure to the upside. But there is still room to move further, since there are old levels higher up. Still, I would first like to see a significant pullback here. Whether it will happen remains a big question. In any case, a lot still depends on demand for the dollar. That’s why it’s important how the buck will trade further, especially since we have statistics today. So for now I’m just watching. But if we go down again below 0.80 and especially 0.7955, then I’ll buy there.