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USD/CHF Signal - CHF Unemployment Rate - 7 Jun 2021

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Signal Details
Entry Price: 
0.8989
Take Profit: 
0.8940
Stop Loss: 
0.9014
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF is trending to the downside, and we anticipate the movement to continue to recent lows. The CHF unemployment rate data is to be released within the hour, showing the number of people unemployed domestically. Technically the pair has broken trendline support and rejected upside, and we are looking for downside into the 0.8940 level.

Submitted by Toni H. on Mon, 07 Jun 2021 04:48:32 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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