USDCHF
Feb. 15, 2016, 10:06
Buy on a level breakthrough of 0.9818 with 0.9900 target. Stop loss = 0.9768.
Reason for the trading strategy
In January, the US retail sales increased by 0.2% (m/m), with a forecast of 0.1% (m/m). The index value for December was revised upwards from minus 0.1% (m/m) to 0.2% (m/m). The statistics reflects growth of consumer spending of the US households, which supports the world's reserve currency.
USDCHF, H1
Feb. 15, 2016, 10:06
Buy on a level breakthrough of 0.9818 with 0.9900 target. Stop loss = 0.9768.
Reason for the trading strategy
In January, the US retail sales increased by 0.2% (m/m), with a forecast of 0.1% (m/m). The index value for December was revised upwards from minus 0.1% (m/m) to 0.2% (m/m). The statistics reflects growth of consumer spending of the US households, which supports the world's reserve currency.
USDCHF, H1
USDCHF: growth against the background of increased retail sales in the US
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