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USD/CHF Signal - 23 September 2022

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Signal Details
Entry Price: 
0.98037
Take Profit: 
0.95657
Stop Loss: 
00.99021
Direction: 
Sell
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USD/CHF has been trading in a consistent channel since May this year and is reaching the top of that channel right before the Switzerland Current Account for Q2 is announced. Depending on the results we anticipate continuation of the trend with a retracement into the 0.9837 region.

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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.