EXNESS - Analytics

    EXNESS

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    Real

    The USDCHF pair further deviates from parity

    Sell on a level breakthrough of 0.9633 with 0.9475 target. Stop loss = 0.9683.

    Reason for the trading strategy

    J.Yellen's soft rhetoric puts pressure on the USDCHF pair. The increase from 102.4 p. to 102.5 p. in the KOF Swiss economic Barometer and the UBS Switzerland consumption indicator in March, which in February rose form 1.45 p. to 1.53 p., provides additional support for the Swiss currency.

     

    USDCHF, Daily

     


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