EXNESS - Analytics

    EXNESS

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    USDCHF: adjustment from the parity level

    Buy on rebound from 0.9885 level with 1.0002 target. Stop loss = 0.9835.

    Reason for the trading strategy

    The threat of Britain exiting from the EU has led to increased demand for protective assets - the yen, the franc and gold. In addition, the decline in the USDCHF pair intensified against the background of a decline of the PMI in the US manufacturing sector. Today, it is worth paying attention to the statistics on home sales in the US secondary real estate market.

     

    USDCHF, H1

     


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