EXNESS - Analytics

    EXNESS

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    USDCHF: under pressure before publication of the macroeconomic statistics for the US

    Sell on a level breakthrough of 0.9846 with 0.9802 target. Stop loss = 0.9890.

    Reason for the trading strategy

    Today, it is worth paying attention to the publication of the statistics on retail sales and the Producer Price Index in the United States. The reduction of the indexes, expected in February, will reduce the likelihood of an increase in the US key interest rate in the coming months.  

    USDCHF, H1


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