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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.