TradingView
Tutur
Mar 21, 2018 5:22 PM

FOMC Int Rate Decision - Potential SHORT on USD/CHF Short

U.S. Dollar/Swiss FrancFXCM

Description

Bloomberg stated that 1/3 of investors are expecting announcement of 4 rate hikes instead of 3 for the upcoming year.
Therefore, markets may be a bit overpriced, in the case of 3 hikers.

IF only 3 rates hikes are announced, we can expect a bearish US dollar. Trend confirmed when price will break the channel, multiple strong supports to watch for, depending on fundamentals over the next few days.
More