EXNESS - Analytics


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    USDCHF: Consolidation in the 0.9397-0.9514 range

    Sell on a level breakthrough of 0.9397 with 0.9330 target. Stop loss = 0.9450.

    Reason for the trading strategy

    The number of initial jobless claims in the US for the previous week rose form 282 thousand to 297 thousand. In July, the US unemployment rate could rise from 5.3% to 5.4%. Weak macroeconomic statistics can take the USD/CHF pair beyond the lower limit of the 0,9397-0,9514 range.


    USDCHF, H4


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