USD/CHF nears death cross as Swiss franc surges – MSN

The USD/CHF pair is on the brink of a death cross as the Swiss franc continues to surge. This means that the 50-day moving average is about to cross below the 200-day moving average, indicating a potential downward trend for the currency pair. The Swiss franc’s strength has been a key factor in this development, as it has been gaining ground against the US dollar. Traders and investors will be closely monitoring this situation to see how it plays out in the coming days.

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