12.04.2025 | Investors blew away key support levels of the pair, rushing en masse into the Swiss Franc, and broke through the psychological mark of 0.82000 in a short period of time. This was due to the likely negative consequences for the US dollar and the economy as a whole from the impact of Trump's policies and his tariff actions. As the consequences are expected to be serious, in the medium term the US dollar will remain under pressure in this currency pair, at least until the end of April. However, a technical upward correction cannot be ruled out, which we will look at in the coming week.
Entry: 0.81800 - 0.81000 | Limits: 0.80300 - 0.79800 | Targets: 0.83600 - 0.84500
Entry: 0.81800 - 0.81000 | Limits: 0.80300 - 0.79800 | Targets: 0.83600 - 0.84500
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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.