Dear Traders,
I wanted to provide you with an update on the USDCHF currency pair. As you know, the DXY has been extremely bullish since the beginning of February, and this has caused the USDCHF to rally without any major corrections. This has been supported by both fundamental and technical factors.
However, we are now seeing some strong bearish behavior on the USD, and this is likely to have a significant impact on USD pairs. In particular, we have some major news coming up tomorrow that is likely to affect the USD pairs significantly.
I will keep you updated on the situation as it develops.
good luck and trade safe