The US dollar has weakened very much against many world currencies. This was influenced by the crisis in the United States. The presidential elections, massive protests and huge outbreaks of the corona virus have significantly destabilized the situation in the country. But after the elections, the situation began to improve little by little. Likewise, the rate of the American dollar will most likely have grounds for strengthening. The US dollar and Swiss franc currency pair has developed a fairly strong support level recently. In the district of 0.91000. And after its breakdown, it went to a reversal. Perhaps this level will become a trend reversal!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.