USDCHF Technical Analysis - Impact of Soft US Data on Greenback
Tuesday, 9 July 2024, 08:40
USDCHF Technical Analysis
In this analysis, we delve into the recent movements of the USDCHF pair, emphasizing the impact of soft US data on the greenback. The pair faced rejection from a critical trendline, leading to a decline below the crucial 0.90 level. The post explores the implications of these developments on market sentiment and potential trading strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.