EXNESS - Analytics

    EXNESS

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    The USDCHF pair is consolidating near the yearly high

    Buy on a level breakthrough of 1.0126 with 1.0200 target. Stop loss = 1.0076.

    Reason for the trading strategy

    10 months after a significant revaluation of the franc on the foreign exchange market, the USD/CHF pair is again trading near the yearly high - the mark of 1.02. The difference in the conduct of monetary policy in the United States and Switzerland is conducive to a growth of the USD/CHF pair.

    USDCHF, H1


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