FundedMindsFundedMinds
Get funded

Swiss Franc: Further losses seem capped against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CHF has surged over the past two days, with strong momentum pointing to further Dollar strength.

UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CHF has surged over the past two days, with strong momentum pointing to further Dollar strength.

However, they stress that deeply overbought conditions are likely to cap upside to the 0.8305–0.8330 area.

Market commentary only, not advice. 42 words on the desk. Trading involves risk. Headline credited to FXStreet.

Your process. Capital behind it.

Four routes, up to $200K simulated, up to 90% fixed split. Read the rules before you pay.

Commission may be earned on this link. Scores exclude it.