Safe-Haven Demand Supports CHFTHB

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Safe-Haven Demand Supports CHFTHBSWISS FRANC / THAI BAHTFX_IDC:CHFTHBYES_GroupMarket Analysis: CHFTHB is anticipated to move sideways to slightly stronger, tracking the direction of USDTHB. The Swiss Franc continues to draw strength from its safe-haven status amid global economic uncertainty. While Switzerland releases no direct economic data today, the focus remains on Fed speeches by John Williams (21:30) and Neel Kashkari (22:30). A hawkish tone could stoke safe-haven demand and bolster the CHF, whereas a dovish stance might reduce safe-haven appetite and temporarily pressure CHFTHB. Technical Outlook: The technical view shows CHFTHB within a sustained uptrend, with the price holding firm above its EMA lines and heading up to test the 41.27-41.30 resistance zone. The MACD lies above its signal line with a positive histogram, showing that buyers remain firmly in the driver’s seat. Meanwhile, the RSI is at 66.34, confirming positive momentum without being overbought yet. Holding steady above 41.25-41.27 will reinforce the drive toward the 41.27-41.30 target. However, failure to breach this resistance or an early rally in the Thai stock market could prompt a retracement toward 41.17-41.19. Support Level : 41.19-41.17 Target : 41.27-41.30 Stop Loss : 41.16