The USD/CHF pair is currently experiencing a death cross, signaling a potential bearish trend ahead. This comes as hopes for a significant rate cut increase. The death cross occurs when a short-term moving average crosses below a long-term moving average, indicating a potential downturn in the market. Traders are closely monitoring the situation as they anticipate a jumbo rate cut, which could further impact the USD/CHF pair. This analysis suggests that the pair may face some challenges in the near future, so investors should proceed with caution.
Subscribe
Login
0 Comments