Buy on a level breakthrough of 0.9718 with 0.9795 target. Stop loss = 0.9660.
Reason for the trading strategy
The publication of data on retail sales and industrial production in the US may provide support for the world's reserve currency tonight. From a technical point of view, buying the USD/CHF pair should be considered above the level of 0.9718.
Reason for the trading strategy
The publication of data on retail sales and industrial production in the US may provide support for the world's reserve currency tonight. From a technical point of view, buying the USD/CHF pair should be considered above the level of 0.9718.
USDCHF: consolidation before the publication of macroeconomic statistics in the US
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