USD/CHF Price Forecast: False breakout at 0.8100 triggers pullback

The USD/CHF recoils after reaching a five-day high of 0.8108, edges down some 0.02% as risk appetite deteriorates due to Trump’s suggestion of an end to the ceasefire, as Iran attacked ships on Tuesday. At the time of writing, the pair trades at 0.8078, following a false breakout above 0.8100.

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