USDCHF Sell Forecast H4 | 30th May 2023Fundamental Backdrop
USD's CB Consumer Confidence is expected to drop from 101.3 - 99.1
It's a leading indicator of consumer spending, so a drop would show that overall economic activity has decreased
Technical Confluences
Resistance at 0.90600
Support at 0.90100
Idea
If the CB Consumer Confidence comes out as expected at a decrease, we could see price head towards the support at 0.90100.
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