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USD/CHF - Wholesale Inventories - 09 Oct 2020

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Signal Details
Entry Price: 
0.9169
Take Profit: 
0.9200
Stop Loss: 
0.9140
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the upside today prior to Wholesale Inventories. The Wholesale Inventories released by the US Census Bureau captures sales and inventory statistics from the second stage of the manufacturing process. Technically the pair is trading below the 50 moving average, and we anticipate further upside on the USD/CHF into the 0.9200 level.

Submitted by Toni H. on Fri, 09 Oct 2020 00:08:16 GMT

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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.

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