Preferred direction: BUY
Comment: The franc, which was also in demand as a safe asset amid the worsening geopolitical situation, also cannot withstand pressure from the American currency. At the moment, all metrics indicate a likely continuation of the growth of the currency pair, however, it cannot be ruled out that against the backdrop of another aggravation in the political arena, the franc may rise against the dollar, while all other currencies will fall against it.
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Comment: The franc, which was also in demand as a safe asset amid the worsening geopolitical situation, also cannot withstand pressure from the American currency. At the moment, all metrics indicate a likely continuation of the growth of the currency pair, however, it cannot be ruled out that against the backdrop of another aggravation in the political arena, the franc may rise against the dollar, while all other currencies will fall against it.
Thank you for like and share your views!
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.