The Swiss Franc is unloved

The #Swiss Franc versus the USD has traded down to its lowest point since March 2023.

That’s just a price point fact, nothing more.

The Swissie is in a downtrend and it still has strength. It’s out of favour.

‘We’ love to sell the Swissie when risk is ‘on’,

but I think the medium low is near if it doesn’t make a new ‘lower low’.

If it does, we should see a quick visit to the 1.0680 region and that would be an attractive buying point.

but also, I’m observing some divergence in the #Swissie compared to other assets.

January 19, 2025

rob@karriasset.com.au