Strifor || USDCHF-24/04/2024

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Preferred direction: SELL
Comment: The US dollar has started a long-awaited correction, but the franc and a number of other major currencies have so far kept away from growth. One such currency is the franc. Here, we continue to adhere to sell-priority. The focus is on the sport resistance level at 0.91424 to which the price is currently stuck. Main scenario №1 assumes a slight movement above this level as part of a false movement before a fall, where the target for sales is the level of 0.90108. Scenario №2 is unlikely, but we do not exclude it since there is a number of important data coming up that could immediately increase volatility in favor of the US dollar.


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