EXNESS - Analytics

    EXNESS

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    USDCHF: consolidation before the publication of the US macroeconomic statistics

    Buy on a level breakthrough of 1.0220 with 1.0280 target. Stop loss = 1.0170.

    Reason for the trading strategy

    Today it is worth paying attention to the Markit publication of the business activity index in the manufacturing sector and the statistics on home sales in the US secondary real estate market. The breakthrough of the 1.0220 level will signal the opening of another set of long positions on the USD/CHF pair.

    USDCHF, H1

    USDCHF


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