USDCHF 17th JUNE 2022

١٧ يونيو ٢٠٢٢

The FED announced 0.75% rate hike, the highest in 30 years since November 1994. Fed Chair Jerome Powell said the move was important to lower inflation while stabilizing prices. However, he admits that aggressive interest rate hikes are quite risky.

USDCHF H4, Mid-term bullish possibility.
Reason : Rebound support area, Stochastic oscillator oversold & crossover %k.
Target : 0.989 - Resistance area.
Next rebound target : 9.55 - 9.29.

USDCHF WEEKLY