2021-2025 CHF/USD Swiss Franc rate forecast, Buy Dip, Target 1.273 (+14.17%)

CHF/USD Swiss Franc rate
Trade : Buy Dip
Entry : 1.115
Target : 1.273 (0.158, +14.17%)
Stop : 1.0975 (-0.0175, -1.57%)
Posted on Friday, January 8, 2021

Note : The Swiss franc will be very strong against the U.S. dollar in 2021 and 2022. CHF/USD rates are expected to soar, in particular, in the second half of this year. Support could be 1.0975. Resistances would be 1.2280, 1.2730, 1.340 and 1.405. Sooner or later, people will be clamoring to throw away US dollars. It would be very severe, so it would make people dumbfounded. However, it will be too late. It seems right to say that the US dollar has already lost its value as money. What we need to watch carefully is the prices of commodities, daily living necessities. In particular, physical gold and silver, not paper gold and silver.