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USD/CHF above hourly Ichi cloud, to test 0.9743/61 March 31/April 1 highs

USD/CHF rides USD coattails and up for 2nd day, even as EUR/CHF pulls back Both hourly slow stochastic and MACD point to further gains SNB says FX reserves up CHF 13 bln in March to 522.3 bln Ongoing intervention suspect…

By Earlence Fernandes
1 min read
USD/CHF above hourly Ichi cloud, to test 0.9743/61 March 31/April 1 highs
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  • USD/CHF rides USD coattails and up for 2nd day, even as EUR/CHF pulls back

  • Both hourly slow stochastic and MACD point to further gains

  • SNB says FX reserves up CHF 13 bln in March to 522.3 bln

  • Ongoing intervention suspected in both USD/CHF and EUR/CHF

  • EUR/CHF back below 200-HMA

 

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By FxWirePro Team