Buy on a level breakthrough of 0.9955 with 1.0095 target. Stop loss = 0.9905.
Reason for the trading strategy
In June, new home sales in the US increased from 572 thousand to 592 thousand (in annualized terms). The statistics indicate an increase in the purchasing power of US households, which supports the US dollar. In the short term, the USDCHF pair could gain a foothold above the 0.9955 level.
Reason for the trading strategy
In June, new home sales in the US increased from 572 thousand to 592 thousand (in annualized terms). The statistics indicate an increase in the purchasing power of US households, which supports the US dollar. In the short term, the USDCHF pair could gain a foothold above the 0.9955 level.
Exness - USDCHF: consolidation below the level of 0.9955
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