USDCHF
Yesterday, Powell told a congressional hearing on his confirmation for a second term at the helm of the central bank that the economy could weather the COVID-19 surge and was ready for tighter monetary policy, but said it may take several months to make a decision on running down the Fed $9 trillion balance sheet.
As long as the USDCHF pair stays above 0.9186 on a four-hourly basis, we will see a resistance level at 0.9322. On the other hand, If the pair drops below 0.9186, the next support level will be at 0.9064.
Support : 0.9186 - 0.9130 - 0.9064
Resistance : 0.9322 - 0.9437
12 Jan 22 (Wed)
01:22 pm
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