USDCHF is set to bounce off from bottom

Hi there,

SWISS inflation is falling sharply and is well below the SNB 2 percent target. We may not see further rate hikes from SNB as Swiss Economy is slowing down sharply and USD is set to rise against the CHF.

So watch for bottom and look for shortterm buys and once price breakout sharply look tohold for longer term.

In case price breakdown sharply below the recent daily lows then it will change the buy setup.

Good Luck

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