Forex Trading Lions
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πŸ“Œ Potential SELL setup for: USD/CHF

πŸ‘©πŸ½β€πŸ’»Technical: The USD/CHF pair has been struggling to hold its ground above the 100-day moving average at 0.91155. Sellers pushed the price below 0.90690 and multiple MA's on the 4-hour chart.

🎯 For an ideal entry: I'd suggest keeping an eye on the key levels of 0.90255 and a break of a 4-hour moving average. A clean break below these levels could kick off a fresh downward wave. Consider banking some profits around the 0.9000 mark if things go our way. Good luck! :)

πŸ”Š Things change all the time, want to know when we enter? Always be up to date, get full entry, take profit & stop loss levels. Join our premium trading group @tradinglionbot 🀝
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Hello traders! Here's Wednesday's economic summary: πŸ€“

πŸ‡ΊπŸ‡Έ USD: Fed Interest Rate Decision, Monetary Policy Statement, FOMC Economic Projections, Interest Rate Projections & FOMC Press Conference

β€’ Positive: A cautious stance by the Fed, lower than expected interest rates, or optimistic economic projections could support the USD.
β€’ Negative: Aggressive monetary policy, higher than expected interest rates, or pessimistic projections may induce USD volatility.

πŸ‡³πŸ‡Ώ NZD: Gross Domestic Product Q1

β€’ Positive: Higher than expected GDP growth can boost the NZD.
β€’ Negative: Lower GDP growth might weaken the NZD.

Remember, other factors also influence market reactions.

Good luck! @tradinglionbot 🦁
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