The US Dollar should remain bearish against the Swiss Franc for some time. There may be some short term buying to push the pair to the .92-.94 range. Looking to the long term fundamentals of monetary policy and the technical break on the monthly chart I believe the bearish trend will continue as we look to the future.
Candle closes above .95 would change this opinion.
Initial target .87 range.
Long term target is .78 range.
Candle closes above .95 would change this opinion.
Initial target .87 range.
Long term target is .78 range.
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