Sell on a level breakthrough of 0.9821 with 0.9750 target. Stop loss = 0.9871.
Reason for the trading strategy
The unemployment rate in Switzerland stayed unchanged at 3.4% in January. The figure is expected to grow to 3.5%. The data, which was better than expected, could support the franc. At a breakthrough of the 0.9821 level, opening short positions for the USDCHF pair is worth considering.