USDCHF
Sept. 18, 2015, 10:17
Sell on a level breakthrough of 0.9575 with 0.9503 target. Stop loss = 0.9625.
Reason for the trading strategy
The USD/CHF has been under pressure after the US Federal Reserve meeting where it was decided to keep the key interest rate at a low level, in the range of 0-0.25%. At the same time, the Swiss regulator has rejected any further rate cuts.
Sept. 18, 2015, 10:17
Sell on a level breakthrough of 0.9575 with 0.9503 target. Stop loss = 0.9625.
Reason for the trading strategy
The USD/CHF has been under pressure after the US Federal Reserve meeting where it was decided to keep the key interest rate at a low level, in the range of 0-0.25%. At the same time, the Swiss regulator has rejected any further rate cuts.
The USDCHF pair is testing the support level of 0.9575
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