Swiss Franc: Upside bias holds despite US Dollar rebound - UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CHF plunged to 0.8215 on Friday before rebounding to 0.8239, which has slowed immediate downside momentum. Intraday, the pair is expected to consolidate between 0.8220 and 0.8270. On a 1–3 week view, however, the bank still sees scope for additional Dollar weakness, with a potential move toward 0.8200 while strong…
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