EXNESS - Analytics

EXNESS

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USDCHF: growth against the background of falling retail sales in Switzerland

Buy on a level breakthrough of 1.0018 with 1.0123 target. Stop loss = 0.9950.
Reason for the trading strategy
    In November, retail sales in Switzerland decreased by 2.1% (y/y) with an expected growth of 0.3 (y/y). The statistics indicates a decrease in consumer activity of Swiss households and puts pressure on the franc.

USDCHF, H1

USDCHF



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