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USD/CHF Signal - SECO Consumer Climate Q2 - 4 May 2021

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Signal Details
Entry Price: 
0.9145
Take Profit: 
0.9075
Stop Loss: 
0.9190
Direction: 
Sell
How we trade
Average: 4.3 (3 votes)

USDCHF Has traded into resistance today prior to the CHF SECO Consumer Climate data. The data shows the trend of the consumer climate, and is considered as an important indicator of inflation. Technically the pair is at both trendline and structural resistance levels, and we are looking for downside into the 0.90750 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.