USD/CHF Struggles Below 0.8900 After Swiss CPI Data Release
The USD/CHF pair remains under pressure for the third consecutive session, currently trading around 0.8880 during European hours. The recent release of Swiss Consumer Price Index data has added downward pressure to the pair. As traders analyze the implications of this data, the outlook for USD/CHF appears neutral at best. Key support levels will be vital to monitor as market sentiment evolves. It’s crucial for traders to consider both short-term fluctuations and longer-term trends while forming their strategies in this pair.
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