USDCHF
Oct. 8, 2015, 09:28
Sell on a level breakthrough of 0.9644 with 0.9528 target. Stop loss = 0.9700.
Reason for the trading strategy
In May, the unemployment rate in the UK decreased from 3.3% to 3.4%. The frank ignores the weak macroeconomic statistics and strengthens its positions against the US dollar, which is decreasing due to the low probability of an increase in the US key interest rate in the current year.
USDCHF, H4
Oct. 8, 2015, 09:28
Sell on a level breakthrough of 0.9644 with 0.9528 target. Stop loss = 0.9700.
Reason for the trading strategy
In May, the unemployment rate in the UK decreased from 3.3% to 3.4%. The frank ignores the weak macroeconomic statistics and strengthens its positions against the US dollar, which is decreasing due to the low probability of an increase in the US key interest rate in the current year.
USDCHF, H4
USDCHF: under pressure against the background of rising unemployment in Switzerland
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