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USD/CHF Signal- US U.S. Baker Hughes Total Rig Count- 12 August 2022

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Signal Details
Entry Price: 
0.94252
Take Profit: 
0.95722
Stop Loss: 
0.93629
Direction: 
Buy
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USD/CHF is trading to the upside today prior to the US U.S. Baker Hughes Total Rig Count. Price has formed a inverse head and shoulders on the hourly timeframe which technically may signify a strong bullish momentum for the US dollar. We anticipate a bullish move up to level 0.95722

Submitted by John F. on Fri, 12 Aug 2022 10:34:12 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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