The Swiss Franc faces challenges as the Swiss National Bank (SNB) is now expected to cut interest rates by 50 basis points after recent inflation data showed continued weakness. In November
Sentiment is: Negative
Technical Analysis
CHF/JPY has broken through a line of 171.9810. If this breakout holds true, we could see the price of CHF/JPY heading towards 171.2240 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
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