USD/CHF Price Analysis: Bears move strongly into a key area on the charts USDCHF Technical Analysis
The daily chart is showing signs of a bearish continuation. said the central bank's fight to lower inflation "has a long way to go." This has seen a strong bid in the CHF and exposes further downside to follow as the charts below will illustrate:The weekly chart is showing the price completing a return to the neckline of the W-formation in what is a 61.8% Fibonacci retracement, so far.
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