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USD/CHF Signal - USD Fed Rate Decision - 3 November 2021

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Signal Details
Entry Price: 
0.9140
Take Profit: 
0.9090
Stop Loss: 
0.9180
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF is finding resistance today prior to the Fed Rate decision. Technically the pair is holding below structural resistance and trendline resistance, and we anticipate a push to the downside today. We're looking for downside into the 0.9090 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.