EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    The data on Switzerland's foreign trade provided little support for the franc

    Buy on rebound from 0.9900 level with 0.9987 target. Stop loss = 0.9850.

    Reason for the trading strategy

    In January, the Swiss trade balance rose from 2.54 billion to 3.51 billion francs. Growth of this indicator, included in the structure of the country's GDP, will provide support for the franc. With the USDCHF pair testing the 0.99 level, opening long positions should be considered. 

     

    USDCHF, H4


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree