Possible Rise on Fix Mortgages Interest Rates May Strengthen Swi

Possible Rise on Fix Mortgages Interest Rates May Strengthen Swiss Franc

According to Credit Suisse, Inflation remains low and the Swiss National Bank (SNB) considers the expected medium-term inflationary trend to be unproblematic.
The interest rates of Fix mortgages have reverted toward their historic lows since the fourth quarter of 2018 due to the rise in economic uncertainty. Over the next 12 months, these interest rates are likely to undergo a gradual rise, increasing by a total of 25 to 55 basis points overall.

Technical Analysis
USDCHF has rallied since 20 Mar 2019 reaching 1.01959, The 1/1 line as a resistance level still holds, If the price stays below 1/1 line, I expect the price to go down towards 0.764 level of fibonacci retracement at 1.01072 at 0.618 level or 1.00294.

GannTrend Analysis

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