Buy on a level breakthrough of 1.0220 with 1.0280 target. Stop loss = 1.0170.
Reason for the trading strategy
Today, the second estimate of the US GDP for Q3 2015 will be published. If it is revised upwards from 1.5% to 2%, the USD/CHF pair will consolidate above the level of 1.0220. Some of the market participants use its current decline to open long positions.