EXNESS - Analytics

    EXNESS

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    USDCHF: consolidation above the level of 0.9960

    Sell on a level breakthrough of 0.9960 with 0.9880 target. Stop loss = 1.0020.

    Reason for the trading strategy

    The weakening of the dollar against the euro and the relative stability of the EUR/CHF pair, consolidating near the level of 1.0870, put pressure on the USD/CHF pair. In the short term, it may decline to the level of 0.9880.

     

    USDCHF, H1

    USDCHF


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