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USD/CHF Signal - CHF SECO Economic Forecasts - 12 Oct 2020

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Signal Details
Entry Price: 
0.9105
Take Profit: 
0.9065
Stop Loss: 
0.9145
Direction: 
Sell
How we trade
Average: 3.7 (3 votes)

USD/CHF is trading to the downside today prior to CHF SECO Economic Forecasts . The Economic Forecasts released by the Swiss State Secretariat for Economic Affairs shows a study of forecasts of major GDP components. Technically the pair is trading below the 50 moving average, and we anticipate further downside on the USD/CHF into the 0.9065 level.

Submitted by Toni H. on Mon, 12 Oct 2020 02:38:06 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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