CHFTHB Tracks Risk SentimentSWISS FRANC / THAI BAHTFX_IDC:CHFTHBYES_Group- Yesterday Recap Yesterday, CHFTHB closed at 41.08 in the Thai market. Meanwhile, Swiss Retail Sales YoY came in at 2.3%, above the forecast of 1.6% and up from the previous reading of 1.9%. Meanwhile, Swiss Manufacturing PMI (procure.ch) came in at 57.1, significantly above the forecast of 54.1 and up from the previous reading of 53.2. The data reflected stronger-than-expected economic activity in Switzerland across both consumer spending and manufacturing, providing a positive factor for the CHF. - Fundamental Analysis Key News Today | Forecast | Previous There are no high-impact Swiss economic data releases today, so the CHF is likely to be influenced mainly by external factors, particularly the direction of the USD and overall global market sentiment. If market concerns increase or selling pressure emerges in risk assets, safe-haven flows could support the CHF. On the other hand, a Risk-on environment could reduce demand for the CHF. Overall, CHFTHB is expected to trade within a range, with the main focus on Safe-Haven flows, global market sentiment, and the direction of the USD. - Technical Analysis Bias: Sideways CHFTHB continues to trade within the 40.93–41.06 range, with the price currently near the upper end of the range. If the price breaks above 41.06, it could open further upside. However, if it fails to break through this resistance, the pair may pull back and continue trading within the existing range, with 40.93 as the key support level. Resistance: 41.06 A key resistance level. If the price breaks above 41.06, it could open further upside. Support: 40.93 A key support level. As long as the price holds above this level, the overall outlook remains Sideways. Target: 41.06 Cut Loss: 40.93 If the price breaks below 40.93, the Sideways structure would weaken and CHFTHB could continue to move lower.