USD/CHF: Temporary Support Amidst Long-Term Bearish Outlook
USD/CHF: Temporary Support Amidst Long-Term Bearish Outlook
U.S. Dollar/Swiss Franc FX:USDCHF
TradeWithTheTrend3344
Hello,
The USD/CHF currency pair has moved as expected in a bearish direction recently, but it appears to have established a support level. So far, the price has found support around the 1M/1W pivot point. Despite this newfound support, the long-term outlook remains bearish. However, we will have to wait and see how the situation evolves. Overall, considering all factors, a bearish long-term perspective is still more likely to prevail.
TradeWithTheTrend3344
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