USDCHF
Jan. 12, 2016, 10:58
Sell on a level breakthrough of 0.9960 with 0.9880 target. Stop loss = 1.0020.
Reason for the trading strategy
The weakening of the dollar against the euro and the relative stability of the EUR/CHF pair, consolidating near the level of 1.0870, put pressure on the USD/CHF pair. In the short term, it may decline to the level of 0.9880.
Jan. 12, 2016, 10:58
Sell on a level breakthrough of 0.9960 with 0.9880 target. Stop loss = 1.0020.
Reason for the trading strategy
The weakening of the dollar against the euro and the relative stability of the EUR/CHF pair, consolidating near the level of 1.0870, put pressure on the USD/CHF pair. In the short term, it may decline to the level of 0.9880.
USDCHF: consolidation above the level of 0.9960
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