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    EXNESS

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    USDCHF: growth before the publication of the ZEW index of economic expectations in Switzerland

    Buy on a level breakthrough of 0.9900 with 0.9987 target. Stop loss = 0.9850.

    Reason for the trading strategy

    Expectations of a decline in the ZEW index of economic expectations in Switzerland in February are putting pressure on the franc. In addition, the expected decline (by 10-20 basis points) in the euro zone's key deposit rate in March may require the Swiss regulator who conducts interventions to weaken the franc. 

     

    USDCHF, H4


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