I am slightly bearish on USD/CHF. It has broken down from its uptrend line, resting well on its 0.992 support. We might see a retracement this week as we have a strong bullish hammer bar yesterday. If we couldnt see 0.9967 broken up swiftly, we might see the start of a downward trend ... Watch closely on 0.9967 . On the Macro POV, market participants are expecting Chair of Federal Reserve to reduce interest rate. Watching this Friday NFP report closely for more guidance on the strength of USD.
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Market is expecting the weakening of USD. More downside to go.