USDCHF Lower
Quite like USDCHF lower here
From a technical perspective it looks quite nice to me, shooting stars on the daily and 4 hour chart right at the time of the fed meeting. We also have a potential double top forming at a pretty big level for USDCHF.
Overall the fed was more hawkish than expected but I don’t think it was enough to have the market buy USD, from what I’ve seen a lot of people were looking to sell USD after the meeting and I think that is still the case.
Not investment advice, feedback appreciated!
From a technical perspective it looks quite nice to me, shooting stars on the daily and 4 hour chart right at the time of the fed meeting. We also have a potential double top forming at a pretty big level for USDCHF.
Overall the fed was more hawkish than expected but I don’t think it was enough to have the market buy USD, from what I’ve seen a lot of people were looking to sell USD after the meeting and I think that is still the case.
Not investment advice, feedback appreciated!
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