USD/CHF Remains Range-Bound: What Traders Need to Watch
The USD/CHF currency pair continues its consolidative move throughout the Asian session today. It remains within the range established over the past two weeks. Recent market activity shows mixed cues that influence pricing patterns. A minor resurgence in US Dollar buying has offered some support to spot prices. However, a resurgence of safe-haven demand acts as a counterbalance. Traders should prepare for further fluctuations as market sentiment evolves. Keeping an eye on both safe-haven assets and further dollar trends will be essential for navigating this range-bound market effectively.