EXNESS - Analytics

    EXNESS

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    USDCHF: consolidation in the range of 0.9577-0.9655

    Sell on a level breakthrough of 0.9577 with 0.9500 target. Stop loss = 0.9627.

    Reason for the trading strategy

    The growth of the anti-risk sentiment and the reduction in the likelihood of an increase in the base interest rate in the US provides significant support for the franc. At a breakthrough of the 0.9577 level, opening short positions for the USDCHF pair is worth considering.


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