USD/CHF: Buy dips for test of 1.00 in coming weeks
This pair could be the big mover in coming weeks if the USD can catch a bid tone. EUR/CHF seems destined for further gains and many are presuming that most of the gains will come via a higher EUR/USD, but what if the EUR/USD stays range-bound between 1.30/1.36 and the cross breaks above 1.30? Then we will have USD/CHF trading above parity again, and this is the scenario I favour.
I’m looking to get more aggressively long on any dip towards .9250.