SIGNAL TERMINATED – USD/CHF LONG – STOP LOSS
Today, CA analysts are moving away from a long-term analysis of USD/CHF from 20/12/8 in loss. The assumption of a recovery of the US dollar after the approval of the “rescue” packages will not be confirmed and the journey of the USD to the hot hells of the debt sphere has begun.
ORIGINAL TEXT: USD/CHF Long. As expected, today’s rates of the Swiss Central Bank fell by 3.4%. Which is positive for the dollar, given tomorrow’s expected job vacancy statistics, outside the agricultural sector. At more than 6.3 million, the US dollar could recover to push its exchange rate to north. Technically, the USD/CHF currency pair is at its lowest levels since 2015. CA analysts are leaning towards the bulls and publishing an analysis of rising prices. For some, this may be an averaging signal.
Chart source: WebTrader