USD/CHF: Still remains in the month-long range between 0.84 and 0.8550 – DBS – FXStreet

The USD/CHF pair has been trading within a range of 0.84 to 0.8550 for the past month, according to DBS analysts. The currency pair has not been able to break out of this range, indicating a period of consolidation. Traders are closely monitoring the pair for any signs of a breakout in either direction. The USD/CHF pair remains within this range as market participants wait for more clarity on the direction of the pair.