Buy on a level breakthrough of 0.9761 with 0.9811 target. Stop loss = 0.9711.
Reason for the trading strategy
Today, futures on the federal funds rate in the United States indicate only 8% probability of its increase in April. The current strengthening of the dollar against the EU currencies is due to an increase of terrorist threats in the region. After the growth phase, we assume that the USDCHF pair will retest the support level of 0.9652.
USDCHF, H4
