Dollar rally continues, but until when?

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As of January 10, 2025, the USD/CHF currency pair is trading around 0.9137, reflecting a 1.5% increase from the previous close.


Technical analysis indicates that the pair is within a bullish channel, with the next resistance level at 0.9223. Support is observed at 0.8956, which, if breached, could signal a potential trend reversal.


The Relative Strength Index (RSI) suggests that the pair is not currently overbought, indicating room for further upward movement.


Analysts recommend monitoring economic indicators from both the U.S. and Switzerland, as these can significantly influence the pair's direction. Additionally, global risk sentiment and geopolitical developments may impact the USD/CHF exchange rate.

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