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USD/CHF. Forecast. Ceasefire Between the US and Iran Triggers Aggressive Sell-Off of the US Dollar
Today, Wednesday, the USD/CHF pair came
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Today, Wednesday, the USD/CHF pair came under significant selling pressure, reaching the 100-day simple moving average (SMA), located below the psychological level of 1.7900, amid a broad weakening of the US dollar. Bears in this instrument are waiting for a sustained breakout and consolidation below this key technical level—the 100-day SMA—which would open the way for further decline.The US Dollar Index (DXY), which reflects the dollar's value against a basket of major global currencies, has also fallen to its 100-day
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