Analysis

Intraday news and views – USD/CHF

Intraday market moving news and views

Update Time: 11 Aug 2022 05:30GMT.

Intraday USD/CHF - 0.9438

Although dlr's rebound on short covering after Intraday selloff on soft US CPI to a near 4-month trough of 0.9394 would bring range trading in Europe, as long as 0.9450/52 holds, downside bias remains for weakness to 0.9385, then 0.9355 later today.

Stand aside as below 0.9405/10 needed for a re- test of 0.9394, break, 0.9365/70.
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.