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USD/CHF Signal - NY Empire State Manufacturing Index - 16 Feb 2021

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Signal Details
Entry Price: 
0.89018
Take Profit: 
0.89210
Stop Loss: 
0.88770
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the upside today prior to USA NY Empire State Manufacturing Index. The Empire State Manufacturing Survey conducted by the Federal Reserve Bank of New York gauges business conditions for New York manufacturers. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the USD/CHF into the 0.89210 level.

Submitted by Toni H. on Mon, 15 Feb 2021 22:34:38 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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