EXNESS - Analytics

    EXNESS

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    Real

    USDCHF: growth against the background of a decrease in inflation pressure in Switzerland.

    Buy on a level breakthrough of 0.9668 with 1.0040 target. Stop loss = 0.9618. 

    Reason for the trading strategy

    The total producer price index and import prices in Switzerland fell by 0.4% in January (m/m) with a forecast of a 0.2% (m/m) decline. The decline in inflationary pressures in the country increases the likelihood of a reduction in the key deposit rate in Switzerland.        

    USDCHF, H4


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