CHF - SNB Governor Mai Schiller says bank will do everything to reduce inflation

Swiss National Bank Governor Mai Schiller says the bank will take all measures to reduce inflation

The trend of USD/CHF, the chart shows that as the exchange rate stabilizes recently, the RSI and Stochastic Index are still rising. The current resistance will stay at the 1.00 mark and even the June high of 1.0052, and the next level will be 1.0200. The bottom support is estimated at 0.9780 and 0.9550, and the key hurdle is the low of 0.9369 on August 11.

Highlights of the week:
Swiss National Bank Governor Mai Schiller says the bank will take all measures to reduce inflation

Estimated volatility:
Resistance 1.0000* – 1.0052 – 1.0200
Support 0.9780 - 0.9550 - 0.9369

 

 

 

 

 

 

 

 

 

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