Buy on a level breakthrough of 0.9243 with 0.9300 target. Stop loss = 0.9190.
Reason for the trading strategy
The renewed growth of the US dollar against the euro is pushing up the USD/CHF pair. Yesterday, the key interest rate in Switzerland remained unchanged amounting to -0.75%. A likely expansion of the yield spread between the key interest rates in the United States and Switzerland in September 2015 will provide medium-term support for the pair.