AceTraderFx Jun 23: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 23 Jun 2022 06:30GMT
USD/CHF OUTLOOK - 0.9615
Although dlr's intra-day break of last week's 0.9621 low (Friday) to a 3-week trough of 0.9582 due to broad-based usd's weakness in New York on Fed Powell's less hawkish comments signals recent decline has resumed, subsequent recovery would bring range trading.
Hold short for 0.9565/70 but 0.9546 (May low) may hold.
Only above 0.9661 (New York top) risks 0.9684/89.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Intra-Day Market Moving News and Views
Update Time: 23 Jun 2022 06:30GMT
USD/CHF OUTLOOK - 0.9615
Although dlr's intra-day break of last week's 0.9621 low (Friday) to a 3-week trough of 0.9582 due to broad-based usd's weakness in New York on Fed Powell's less hawkish comments signals recent decline has resumed, subsequent recovery would bring range trading.
Hold short for 0.9565/70 but 0.9546 (May low) may hold.
Only above 0.9661 (New York top) risks 0.9684/89.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update