EXNESS - Analytics


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    USDCHF: consolidation in the range of 1.0147-1.0220

    Sell on a level breakthrough of 1.0147 with 1.0093 target. Stop loss = 1.0200.

    Reason for the trading strategy

    The Swiss trade balance rose from 3.25 billion to 4.16 billion francs in October. Growth of this indicator, included in the structure of the country's GDP, will provide support for the Swiss currency. In the short term, the USD/CHF pair may decline to the level of 1.0093.

    USDCHF, H1


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