EXNESS - Analytics

EXNESS

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USDCHF: consolidation in the range of 0.9873-1.0034

Buy on a level breakthrough of 1.0034 with 1.0120 target. Stop loss = 0.9984.

Reason for the trading strategy

The US consumer credit for October will be published today. A possible decline in the index from 28.9 billion to 18.3 billion dollars will signal the tightening of the credit requirements for borrowers against the background of a likely increase in the US federal funds rate in the United States in the near future.

USDCHF, H1

USDCHF



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