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USD/CHF - Nonfarm Payrolls - 02 Oct 2020

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Signal Details
Entry Price: 
0.9195
Take Profit: 
0.9215
Stop Loss: 
0.9160
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the upside today prior to Nonfarm Payrolls. The nonfarm payrolls released by the US Bureau of Labor Statistics presents the number of new jobs created during the previous month, in all non-agricultural business. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the USD/CHF into the 0.9215 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.