EXNESS - Analytics

EXNESS

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Real

The USDCHF pair is "rushing" towards the level of 1.01

Buy on a level breakthrough of 1.0037 with 1.0100 target. Stop loss = 0.9987.

Reason for the trading strategy

Expectations of an expansion of monetary stimulus measures in the Eurozone in March have a negative impact on the franc. The growth of the business activity index from 50 p. to 51.6 p. in Switzerland's manufacturing sector reported in February does not help it either.

 

USDCHF, H4

 



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