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USD/CHF Signal - CHF Real Retail Sales - 30 Oct

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Signal Details
Entry Price: 
0.9154
Take Profit: 
0.9220
Stop Loss: 
0.9110
Direction: 
Buy
Result: 
Loss
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the upside today prior to CHF Real Retail Sales. The Retail Sales is conducted by the Swiss Federal Statistical Office. The retail sales is a survey of goods sold in the last month and serves as an indicator of the Swiss consumer demand. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the USD/CHF into the 0.9220 level.

Submitted by Toni H. on Fri, 30 Oct 2020 00:00:00 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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