USD/CHF Price Prediction: Closing in on 200-day SMA as uptrend extends – FXStreet

The USD/CHF pair is nearing the 200-day Simple Moving Average (SMA) as its uptrend continues. The price prediction for this currency pair suggests that it is likely to reach the 200-day SMA soon. Traders are closely watching this development to see if the uptrend will extend further. The SMA is an important indicator that helps to identify trends in the market. As the USD/CHF pair approaches this key level, it will be interesting to see if it can break above the 200-day SMA and continue its upward movement.