BofA expects USD/CHF selling pressure as month-end approaches

Daily Pivots: (S1) 156.29; (P) 156.54; (R1) 156.93; More… No change in USD/JPY’s outlook as consolidations continues below 157.88. Intraday bias remains neutral at this point. Further rally is expected with 154.33 support intact. On the upside, firm break of 158.85 key structural resistance will be an important medium term bullish sign. Next target will…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…

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