The USD/Swiss franc remained volatile around 0.94193. At present, the Federal Fund Futures expects the Federal Reserve to raise interest rates by at least 50 basis points at its December meeting, but the possibility of raising interest rates by 75 basis points for the fifth time in a row is less than 25%.
USD/CHF USDCHF - 4-hour K line chart shows:
The 4-hour chart shows that the bearish power keeps moving downward, the market as a whole is in a downward trend, the MACD indicator is in a weak position under the 0 axis, and the RSI indicator is in a bearish area under the 50 equilibrium line;
Empty turning point: 0.94409
Pressing: 0.94860, 0.95253
Support: 0.93818, 0.93459
Trading strategy: bearish at 0.94409, target 0.93818, 0.93459
Alternative strategy: bullish above 0.94409, target 0.94860, 0.95253