EXNESS - Analytics

    EXNESS

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    USDCHF: consolidation higher than the level of 0.9835

    Sell on a level breakthrough of 0.9835 with 0.9756 target. Stop loss = 0.9885.

    Reason for the trading strategy

    Today at 15.00 GMT, the volume of factory orders in the US will be published. A decline of 0.8% (m/m) expected in September is likely to put pressure on the world's reserve currency.

    USDCHF, H1

    USDCHF


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