Currency strategists at MIG Bank claim that the pair USD/CHF finds itself under renewed pressure and their previous idea that the rate has set a base at 0.9462 doesn’t seem as certain as before.

According to the specialists, the greenback has to climb above 0.9738 and then 0.9851 or it could slump breaking the record minimum at 0.9462 hit on October 14 on its way down to 0.90.

USD/CHF renewed 6-week minimum at 0.9558 and is currently trading in area.



Chart. H4 USD/CHF

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