On the one hand, the Swiss National Bank announced in its last meeting that it can reach its inflation targets with the same interest rate, and on the other hand, the Chinese Communist government is on the verge of reversing its covid19 policies. Both of these factors are in favor of the growth of this country. are currency pairs.
From a technical point of view, it is at the bottom of its one-year channel, and we have witnessed a strong return of buyers. The breaking of the downward trend line is a medium-term buying trigger, and we can at least imagine the target of the channel ceiling.
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