USDCHF – Daily Forex Technicals by ForexHound.com June 25th

USDCHF has been confined in a small bullish channel inside the bigger 1.0550/1.03
 range; trading at the middle of this channel the focus is on the FOMC decission later on today that will without any doubt have a big impact for the future development of all USD pairs. USDCHF has been confined in a small bullish channel inside the bigger 1.0550/1.03
 range; trading at the middle of this channel the focus is on the FOMC decission later on today that will without any doubt have a big impact for the future development of all USD pairs. Caution is the word the day and unless one has positions already open we think it’s best to sit on the sidelines.

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