
USD-CHF Bear Trend Expected to Pause Along Cycle Phase and EUR-CHF Crossrate
We invite you to read Bruno’s B.E.S.T. View June issue (written July 6th).
On May 1, we mentioned the US$-Swiss franc (CHF) was breaking an important support and remained in a Bearish trend, while the cross €-CHF was rebounding from mid-April. As we focus on the two major daily cycles (289 and 183 days), it would be no surprise to see that from July into mid-August a further sideways range for the cross €-CHF with a minor bullish bias, displaying some weakening of the CHF versus the €. […] continue reading
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