With the FOMC tonight, USDCHF may see a lot of volume. Note the tests of support at 0.9230/40 levels and the upper trendline being well respected. We could potentially see a continuation of the downtrend after the previous retracement to the June high of 0.9534.
UPDATE: played out as expected.
Form your own opinions.
This is not to be interpreted as investment advice.
Trading leveraged products carries a potentially high level of risk. Losses may exceed deposits.
UPDATE: played out as expected.
Form your own opinions.
This is not to be interpreted as investment advice.
Trading leveraged products carries a potentially high level of risk. Losses may exceed deposits.