USDCHF Could Develop a Complex Pattern Ahead of FOMCUSDCHF Could Develop a Complex Pattern Ahead of FOMC
USDCHF has reached the top of the structure zone at 0.8950, and the price has reacted accordingly. With the FOMC meeting scheduled for Wednesday, the market is focused on Chair Powell's speech and a possible hawkish statement, which could create a pause before the price moves down.
Currently, selling USDCHF is a bit risky, but the situation may become clearer later. Watch for reversal signs.
Targets:
0.8870
0.8815
0.8760
You may find more details in the chart!
Thank you and Good Luck!
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