USD/CHF

Swiss Franc Technical Outlook

Swiss Franc Technical Outlook

The old saying in the Market business “The trend is your friend” until it’s not!. For this reason it’s crucial for market participants to be on the lookout for trend changes even temporarily. Exchange USD/CHF currently exhibited this behavior. USD/CHF Daily USD/CHF has broken above the blue trendline dominating the down trend since the US Dollar weakness began early April in the wake of the Global risk appetite.