EXNESS - Analytics


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    USDCHF: consolidation in the range of 0.9880-0.9986

    Sell on a level breakthrough of 0.9880 with 0.9830 target. Stop loss = 0.9930.

    Reason for the trading strategy

    After the publication of the US labor market statistics for January, market participants doubt the imminent tightening of the US interest rate policy and are selling the world's reserve currency. At a breakthrough of the 0.9880 level, opening short positions for the USDCHF pair is worth considering.

    USDCHF, H4

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