EXNESS - Analytics

EXNESS

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The USDCHF pair is testing the support level of 0.9549

Sell on a level breakthrough of 0.9549 with 0.9444 target. Stop loss = 0.9600.

Reason for the trading strategy

The world reserve currency continues to be under pressure after the publication of the US Federal Reserve minutes for July. Demand for the protective franc, gold and the yen remains strong against the background of slowing down of the Chinese economy and a worsening geopolitical situation on the Korean peninsula.

 

USDCHF, Daily

USDCHF



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