USD/CHF Bulls Quietly Lose Their Grip After U.S. Inflation

The USD/CHF technical outlook shifted when a U.S. CPI print sparked an outside weekly reversal from yearly highs, pulling the pair back roughly 2%. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily, and four-hour USD/CHF charts and the pivot zone now defining the trade. Daily RSI has slipped below 50 for the first time since August, tilting momentum toward the bears. A break of a pivot zone that aligns Fibonacci levels with the July swing high would mark a deeper correction within the yearly uptrend. With little event risk on the Swiss side, the Federal Reserve rate decision and core PCE inflation data now drive the dollar against the Swiss franc. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_michael_boutros&utm_content=share 00:00 - USD/CHF Snaps Back After CPI 01:07 - Where a Deeper Pullback Starts 01:28 - Daily RSI Breaks Below 50 02:42 - Four-Hour Range Coils Tight 04:05 - Fed, Core PCE Test the Franc Like and subscribe for more financial market insights. #USDCHF #StoneX #MichaelBoutros #Forex --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social