UOB Sees USD/CHF Breakout Potential to 0.8175
USD/CHF has broken through to 0.8147, exceeding earlier expectations from United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann.
The analysts note that despite being overbought, the momentum remains constructive, suggesting a potential test of the 0.8155 zone intraday.
On a one-to-three-week view, UOB expects a clear break and close above 0.8155 to extend gains toward 0.8175, with support seen around 0.8085.