Price capped beneath 100-day EMA; risk aversion + SNB rhetoric keep CHF firm; bearish momentum intact below 0.8200.
USD weakness persists triggered by fresh US tariff threats,
a deepening US-China trade rift, and US fiscal instability underpin
CHF demand.
Technically, strong bearish momentum remains below 0.8300.
Current trading around 0.8200 confirms downside bias.
USD weakness persists triggered by fresh US tariff threats,
a deepening US-China trade rift, and US fiscal instability underpin
CHF demand.
Technically, strong bearish momentum remains below 0.8300.
Current trading around 0.8200 confirms downside bias.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.