8month30day Swiss franc

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Swiss franc
Switzerland8monthKOFLeading indicators reduced to2.06Below market expectations2.16. although8monthKOFLeading index lower than expected, USD/The Swiss franc did not gain mobility. Exchange rate at1.2040The selling pressure above is still relatively high. The recent trend of the Dow index is opposite to that of the currency pair. Yesterday, the US stock index rose, while the US dollar/The Swiss franc fell to1.1985Nearby. The final session remains at1.2000Narrow range consolidation below. Due to market expectations of the Federal Reserve's recent interest rate cuts, each rebound in exchange rates may attract more high selling stocks. Support located in1.1995、1.1960、1.1890Resistance at1.2050、1.2080、1.2130。

Expected Today's Fluctuation Range1.1960-1.2080。

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