EXNESS - Analytics

    EXNESS

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    USDCHF: consolidation below the level of 0.9783

    Buy on a level breakthrough of 0.9783 with 0.9900 target. Stop loss = 0.9733.

    Reason for the trading strategy

    Today, trading on the stock exchanges in Switzerland and the US will not be held due to the Easter celebrations. At the end of the day, the exchange rate of the dollar against the franc is unlikely to change significantly in relation to the current market prices.  In general, changes in the rhetoric of the US Federal Reserve representatives from soft to neutrally rigid (after the US Federal Reserve meeting held in March) will support the dollar next week.

     

    USDCHF, H4

     


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