USDCHF 10-year support points to major breakdown to 0.70!

USDCHF BREAKDOWN ALERT: Decade-long support shattered – here's why this could be the start of a major move to 0.70 and below!

The Dollar-Swiss Franc pair is setting up for a potentially significant breakdown after breaking decade-long support levels since May. Both fundamental and technical factors are aligning for Swiss franc strength, creating what could be a rare high-probability trading opportunity.

Key Drivers:

• Fed Dovish Pivot:

Powell's Tuesday signal acknowledged downside risks to job markets, with 97% probability of October rate cuts and two more by December fully priced in

• Swiss Franc Strength:

CHF has strengthened nearly 9% over the past 12 months, now testing the 0.78 level, while Trump's tariff escalation forces Switzerland to slash GDP forecasts

• Technical Breakdown:

Multiple analytical methods (range breakouts, Fibonacci projections, and triangle pattern analysis) all point to targets around 0.7417-0.6840, representing potential moves to levels not seen since 2011

• SNB Constraints:

The Swiss National Bank cannot intervene in forex markets while trade talks are ongoing, meaning the Franc is likely to stay strong by default, with stable inflation data

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