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USD/CHF Signal - USD Personal Income - 30 Jul 2021

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Signal Details
Entry Price: 
0.9060
Take Profit: 
0.9110
Stop Loss: 
0.9015
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDCHF has traded into a key support / resistance level prior to the USD personal income data, which measures the income for Americans. Technically the pair has traded into a key level, and the RSI is giving an oversold sign, thus we expect upside into the 0.9110 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.