Buy on a level breakthrough of 0.9836 with 0.9955 target. Stop loss = 0.9770.
Reason for the trading strategy
The KOF Swiss economic barometer rose from 101.8 p. to 102.4 p. in June, with a forecast of 103.2 p. However, the value of the index for May was revised downwards, from 102.9 p. to 101.8 p. The statistics indicate an unstable recovery of business activity in the country. The USDCHF pair may test the level of 0.9955 in the medium term
Reason for the trading strategy
The KOF Swiss economic barometer rose from 101.8 p. to 102.4 p. in June, with a forecast of 103.2 p. However, the value of the index for May was revised downwards, from 102.9 p. to 101.8 p. The statistics indicate an unstable recovery of business activity in the country. The USDCHF pair may test the level of 0.9955 in the medium term
Exness - USDCHF: consolidation below the level of 0.9836
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