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USD/CHF Signal - CHF Consumer Price Index - 03 Mar 2021

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Signal Details
Entry Price: 
0.91512
Take Profit: 
0.91100
Stop Loss: 
0.91900
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the downside today prior to the CHF Consumer Price Index. The Consumer Price Index, issued by the Swiss Federal Statistical Office, measures the average price change for all goods and services purchased by households for consumption purposes. Technically, the pair is trading below the 50 moving average, and we anticipate further downside on the USD/CHF into the 0.91100 level.

Submitted by Toni H. on Wed, 03 Mar 2021 04:57:23 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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