EXNESS - Analytics

    EXNESS

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    USDCHF: growth before publication of the US GDP

    Buy on a level breakthrough of 1.0200 with 1.0250 target. Stop loss = 1.0150.

    Reason for the trading strategy

    Against the background of today's monetary policy easing by the Bank of Japan, the growth of the appetite for risk puts pressure on the protective franc.  We believe the probable slowing down of the US economic growth rate to 0.8% (q/q) in Q4 2015 will not put any significant pressure on the USDCHF pair.        

     

    USDCHF, H1


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