USDCHF

Strengthening continues in the USD/CHF pair, which shows a strong negative correlation with the EUR/USD pair. The Swiss National Bank, adhering to its policy of interest rate cuts, plans to maintain this process steadily, keeping rates low. Consequently, any potential pullbacks in the USD/CHF pair are expected to be limited, with the primary support level identified at the 0.8817 trend band. During pullbacks, the 0.8836 level serves as support, while upward movements face resistance at 0.8891. When trading, it is deemed appropriate to view pullbacks as buying opportunities rather than focusing on selling, particularly when close to these key levels.