USDCHF: Pre FOMC: Selling rallies while below 0,9055
Hello,
this analysis will only be valid until Wednesday 16.12, until the FOMC rate decision.
Theortically, until 0.9050 / 55 the seller have an advantage, and short positions around 0.90 have a chance of execution in the case of the so-called USD shorts covering ahead the Fed:
Selling rallies towards the supply zone 0.8995 / 9030
Stop above 90.55
1st target: 0.8875
Second target: 0.8800
Third target: 0.8725
Good luck
this analysis will only be valid until Wednesday 16.12, until the FOMC rate decision.
Theortically, until 0.9050 / 55 the seller have an advantage, and short positions around 0.90 have a chance of execution in the case of the so-called USD shorts covering ahead the Fed:
Selling rallies towards the supply zone 0.8995 / 9030
Stop above 90.55
1st target: 0.8875
Second target: 0.8800
Third target: 0.8725
Good luck
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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.