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USD/CHF Prints New All-Time Low

USD/CHF Prints New All-Time Low

Thomas Long, Course Instructor

Buying the CHF has been the trade of choice for those traders who are looking for relative safety in an environment of uncertainty. The result has been a break down through the .9300 level which is a new all-time low for this pair. I would continue to look for sells as long as the pair remains below the .9702 high noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.