USD/CHF Holds Support Near 0.8070, Bulls Target YTD High
The USD/CHF pair remains steady around 0.8070 after a slight decline on Monday, with bullish momentum building toward the year-to-date high.
USDCHF
The USD/CHF pair is holding key support near 0.8070 on Tuesday, following a 0.29% loss in the previous session. The slight dip was driven by broad US Dollar weakness, attributed to month-end flows and an improvement in risk sentiment.
Despite the short-term pullback, bulls are eyeing a move toward the year-to-date high as the pair consolidates above critical support levels. The outlook remains cautiously upbeat as long as the support holds.
Source: FXStreet Forex News