Weak CHF Offers Opportunities Ahead Of FOMC Volatility
Wed 20th September 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
AUDCHF (Primary Focus Pair)
CADCHF (Covered In Video)
Today’s slate sees the FOMC Federal Funds Rate decision.
This highly anticipated event will cause volatility in the markets especially those pairs surrounding the USD.
Looking at our live proprietary forex strength vs weakness tables, CHF remains a weaker currency at Weak 3 (W3). AUD is Strong 3 (S3) on the tables which keeps AUDCHF on our watchlist.