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    EXNESS

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    USDCHF: consolidation before publication of the weekly statistics on the US labor market

    Sell on a level breakthrough of 0.9593 with 0.9475 target. Stop loss = 0.9650.

    Reason for the trading strategy

    Today, the weekly publication of statistics on the US labor market may have a little impact on the USDCHF pair. In the medium term (up to six months), when making a decision on the interest rate, the US Federal Reserve will pay more attention to inflation (which is at the level of 1% per annum) and not to the labor market data (where the situation is close to full employment).

     

    USDCHF, H4

     


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