USDCHF neutral

U.S. and French currency parity

16 May 2022 425
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For the first time since the beginning of December 2019, the U.S. dollar and the Swiss franc parity reached again, which is likely to be questioned and tested by market participants.


This is also evidenced by the harami cross, drawn by the price slightly above level 1


If the pattern is be able to reverse the movement of the USDCHF pair, or at least become the beginning of a corrective movement, the coming days will show. So far, numerous doji stars and hanging men have not been able to resist the rapid pair growth.

This content is for informational purposes only and is not intended to be investing advice.

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