EXNESS - Analytics

    EXNESS

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    The USDCHF pair is testing the level of 0.99

    Buy on a level breakthrough of 0.9900 with 0.9951 target. Stop loss = 0.9850.

    Reason for the trading strategy

    Today, apart from the US Federal Reserve meeting, it is worth paying attention to the publication of the statistics on inflation and industrial production in the US.   Despite its probable deterioration in February, market participants continue to buy the world's reserve currency, expecting it to strengthen in the long run.

    USDCHF, H1


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