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Market Analysis – USD Awaits Catalyst

Market Analysis – USD Awaits Catalyst
USDCHF bounces back The US dollar clawed back losses after an uptick in July’s PCE. The pair came under pressure at the daily support-turned-resistance of 0.8870 from the mid-July sell-off. A drop below the lower band (0.8760) of a previous consolidation area has shaken off some weak hands. However, a bounce back above 0.8800 suggests […] The post Market Analysis – USD Awaits Catalyst appeared first on Orbex Forex Trading Blog... Read More
Posted: Sep 1 2023, 06:17
Author Name: orbex
Views: 102013

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