Buy on a level breakthrough of 0.9895 with 0.9955 target. Stop loss = 0.9845.
Reason for the trading strategy
Thomas Jordan (the Head of the Swiss National Bank) believes that the national regulator could lower the rate on deposits and undertake interventions to weaken the franc in case of necessity, which will occur with the monetary policy easing by the Bank of England and the ECB.
Reason for the trading strategy
Thomas Jordan (the Head of the Swiss National Bank) believes that the national regulator could lower the rate on deposits and undertake interventions to weaken the franc in case of necessity, which will occur with the monetary policy easing by the Bank of England and the ECB.
Exness - USDCHF: consolidation in the range of 0.9840-0.9895
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