The snap election in France has triggered a sell-off in the USDCHF pair. The pair’s decline is fueled by the political drama in the US, where Donald Trump may return to the White House. Let’s discuss these topics and make a trading plan.
Highlights and key points
The franc is one of the main beneficiaries of the Trump trade.
The SNB may cut the rate against the stronger franc.
Weakness in the US and Eurozone economies is fuelling the USDCHF decline.
The pair hit the first of two targets at 0.87 and 0.88, moving toward the second one.
Weekly fundamental forecast… Read full author’s opinion and review in blog of #LiteFinance
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