UPD: Another opportunity to join the swing for USDCHF
The idea from one of the previous posts may finally work, as USDCHF had produced a strong responsive buying pressure on Thursday, and may continue to revive on Friday and within upcoming days.
The Swiss franc might get under pressure as Swiss 30-year bonds lose yields consistently since the end of 2022, while the US dollar might pull back, as there not enough visible pressure for DXY: the Fed is not excessively dovish, and all upcoming interest rate declines for the US dollar are already priced in.
Always remember to DYOR and manage your risks at all times!
The Swiss franc might get under pressure as Swiss 30-year bonds lose yields consistently since the end of 2022, while the US dollar might pull back, as there not enough visible pressure for DXY: the Fed is not excessively dovish, and all upcoming interest rate declines for the US dollar are already priced in.
Always remember to DYOR and manage your risks at all times!
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