Post content
📉 Technical Analysis – Bearish Breakdown Alert! As forecasted in our H1 chart, USD/CHF has officially broken the ascending trendline, followed by a clear rejection from the 0.8100–0.8140 resistance zone, signaling bearish momentum. The lower high structure and failure to reclaim the broken trendline point to continued downside pressure 🌍 Fundamental Analysis – Why USD Is Weakening Against CHF The Swiss Franc (CHF) continues to strengthen as global risk sentiment weakens, with investors moving capital into safe-haven assets like CHF. The Swiss National Bank (SNB) has maintained a vigilant stance on inflation, and recent statements suggest they are prepared to tighten policy further if inflation persists On the U.S. side, the Dollar (USD) has come under pressure following last week’s disappointing Non-Farm Payrolls (NFP) and lower ISM Services PMI, both of which have increased the likelihood of Federal Reserve rate cuts by the end of the year. This dovish outlook is weakening USD against major counterparts