Swiss Franc holds below 0.7800 amid higher US yields, risk-off markets
The US Dollar (USD) maintains its immediate bullish trend against the Swiss Franc (CHF) intact for now, with the pair standing comfortably above 0.7800, after bouncing at lows near 0.7760 last week.
The USD/CHF pair is likely to continue its upward momentum as long as US yields remain elevated, potentially testing resistance levels above 0.7800. A risk-off sentiment may further support the USD against the CHF.
The US Dollar (USD) maintains its immediate bullish trend against the Swiss Franc (CHF) intact for now, with the pair standing comfortably above 0.7800, after bouncing at lows near 0.7760 last week.
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