Fundamentally,
U/CHF should have been
at its parity days/weeks ago. This can also seen from Swiss Fiscal Balance and excellent Financial health. You may go to their Trades office, their Federal bureau of Information to get the updated data which i will not discuss them here. In view of this imminent strength of swiss franc which has always been considered a safe heaven during market with confusing upheavals and uncertainty.
Technically, on
H4, Bearish divergence prevails . The support at
1.0346 (100% Fibo Retr)
looks fragile.
The breaking on this level (
1.0346) shall send this currency pair towards the
1.0269 ( R3 support on
Weekly Chart.).,
follows by 0.9910. on weekly chart.
H4 U/CHF
Weekly U/CHF
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