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USD/CHF Signal - CHF Zew Survey - 28 Apr 2021

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Signal Details
Entry Price: 
0.9149
Take Profit: 
0.9190
Stop Loss: 
0.9120
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDCHF has broken above the key resistance zone prior to the CHF Zew Survey data release, which presents business conditions, employment conditions and other elements affecting the day to day running of a business in Switzerland. Technically the pair has performed a classic break and retest of the resistance zone, and the PPO is trading at bullish levels in a bullish cross. We anticipate upside into the 0.9190 level.

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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.