EXNESS - Analytics

    EXNESS

    631.50 4.00/10
    69% of positive reviews
    Real

    USDCHF: consolidation near the yearly high

    Sell on a level breakthrough of 1.0016 with 0.9966 target. Stop loss = 1.0066.

    Reason for the trading strategy

    After the USD/CHF pair retested its yearly high, market participants record a profit on it again. Against the background of a lack of any significant macroeconomic statistics on the US and Switzerland today, market participants might try to play on the fall in the value of the US dollar.

    USDCHF, H1

    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