Swiss Consumer Price Index fall -0.2% , USDCHF Follows !!

forex sales min
forex sales min

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

The Swiss Consumer Price Index (CPI) fell from 0.3% to -0.2% in the previous month , analysts had expected  Swiss CPI to make a small decline to 0.1% last month …

This development should keep USDCHF pair under pressure , at the moment the pair is testing main resistance on daily time frame at the 0.9237 levels where rejection is likely….If seen focus will be on the 0.9200 levels….where a cut will open 0.9100 levels…

Note : Intraday resistance comes at the 0.9296 levels…

Further reading:

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