USD/JPY and USD/CHF Divergence Ahead of CHF/JPY Resistance
The US dollar is showing mixed performance across major currency pairs.
USD/CHF remains strong, while momentum on USD/JPY begins to fade.
A closer look at CHF/JPY reveals that its countertrend rally approaches a resistance cluster, which could favor renewed Swiss franc outperformance against the Japanese yen.
The daily chart of USD/CHF shows a bullish trend structure, with a strong rally forming from its lower trend channel since August.