March 20, 2026

USD/CHF Price Forecast: Dollar rejected at 200-day SMA, drops towards 0.7900

March 20, 2026

USD/CHF Price Forecast: Dollar rejected at 200-day SMA, drops towards 0.7900

The USD/CHF pair trades more softly during the North American session on Thursday despite the Swiss National Bank's (SNB) verbal intervention in the forex markets to depreciate the Swiss Franc (CHF). Broad US Dollar (USD) weakness pushed the major down 0.31% to 0.7906.

The USD/CHF pair trades more softly during the North American session on Thursday despite the Swiss National Bank's (SNB) verbal intervention in the forex markets to depreciate the Swiss Franc (CHF). Broad US Dollar (USD) weakness pushed the major down 0.31% to 0.7906.

Article written by AdminFF

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