Daily Pivots: (S1) 0.8744; (P) 0.8782; (R1) 0.8805; More… USD/CHF is staying above 0.8757 support despite current dip. Intraday bias stays neutral for the moment. In case of another recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of […]
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In focus today The main event will be the FOMC meeting tonight. We expect an unchanged rate decision which is also fully priced in the markets, but all eyes will be on Powell’s communication about Read more…