USDCHF: The Downside May Be Limited For The US Dollar

USDCHF: The Downside May Be Limited For The US Dollar

Since November'22 price is moving within a large "Falling Wedge Pattern'

Considering the time that the price already spent for this pattern it is showing
that the bullish and the bears are both very strong.

Considering FOMC and ECB developments that we had during the
previous week I think that the USD already reached the bottom and
we may see the USD to show strength very soon.

However, this is only my personal opinion.

Thank you and Good Luck!