Tokyo CPI report kicks off a very interesting period for the BoJ Earnings data under the microscope until we get wage news Yen’s recent gains against the euro are under threat if data releases turn negative Tokyo CPI released on Tuesday; average earnings data on Wednesday Strong start of 2024 with Tokyo CPI and earnings […]
Key Highlights USD/CHF started a consolidation phase above the 0.8755 level. A connecting bearish trend line is forming with resistance at 0.8825 on the 4-hour chart. EUR/USD started a minor pullback from the 1.0950 resistance zone. Gold remained elevated above the $3,030 zone. USD/CHF Technical Analysis The US Dollar declined heavily below the 0.8850 level […]
The post USD/CHF Recovery Could Stall—Key Resistance Levels Ahead appeared first on Action Forex.
Share
