EXNESS - Analytics

    EXNESS

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    Real

    USDCHF: consolidation above the level of 0.9635

    Sell on a level breakthrough of 0.9635 with 0.9550 target. Stop loss = 0.9685.

    Reason for the trading strategy

    A sharp decline of the dollar against the euro puts pressure on the USDCHF pair. At the same time, market participants ignore the weak inflation statistics for Switzerland. In May, the growth of consumer prices in Switzerland amounted to 0.1% (m/m), with a forecast of 0.2% (m/m).

     

    USDCHF, H4


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