USDCHF
Nov. 5, 2015, 11:03
Buy on a level breakthrough of 0.9977 with 1.0050 target. Stop loss = 0.9927.
Reason for the trading strategy
The USD/CHF pair approaching parity can lead to a fixation of long positions on it. However, if the number of initial jobless claims in the US for last week is below 260 thousand, the USD/CHF pair is likely to grow to the level of 1.0050.
Nov. 5, 2015, 11:03
Buy on a level breakthrough of 0.9977 with 1.0050 target. Stop loss = 0.9927.
Reason for the trading strategy
The USD/CHF pair approaching parity can lead to a fixation of long positions on it. However, if the number of initial jobless claims in the US for last week is below 260 thousand, the USD/CHF pair is likely to grow to the level of 1.0050.
The USDCHF pair close to parity
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