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Swiss Franc: Range trade below 0.8320 against US Dollar – UOB

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Swiss Franc: Range trade below 0.8320 against US Dollar – UOB

UOB strategists Quek Ser Leang and Lee Sue Ann observe that USD/CHF failed to decisively clear resistance, peaking at 0.8313 before closing lower at 0.8279. For the next 24 hours, they expect consolidation between 0.8265 and 0.8305 as momentum indicators turn flat. Over 1–3 weeks, price action still points to a possible test of 0.8320, though odds of a sustained break higher are seen as low.

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