EXNESS - Analytics


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The USDCHF pair close to parity

Buy on a level breakthrough of 0.9977 with 1.0050 target. Stop loss = 0.9927.

Reason for the trading strategy

The USD/CHF pair approaching parity can lead to a fixation of long positions on it. However, if the number of initial jobless claims in the US for last week is below 260 thousand, the USD/CHF pair is likely to grow to the level of 1.0050.



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