USDCHF: Pre FOMC: Selling rallies while below 0,9055

FX:USDCHF   U.S. Dollar / Swiss Franc

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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