EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    USDCHF: consolidation below the level of 0.9656

    Buy on a level breakthrough of 0.9656 with 0.9706 target. Stop loss = 0.9606.

    Reason for the trading strategy

    In June, the UBS Switzerland Consumption Indicator rose from 1.62 p. to 1.68 p. However, in May, the index value was revised downwards from 1.73 p. to 1.62. After the revaluation of the franc in January, consumer activity in the country has remained low. However, in the medium term, negative interest rates on bank deposits in Switzerland will help reduce savings and increase spending.

    USDCHF, H4

    USDCHF


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree