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USD/CHF Signal - USD 3 Month Bill Auction - 19 Apr 2021

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Signal Details
Entry Price: 
0.9208
Take Profit: 
0.9160
Stop Loss: 
0.9245
Direction: 
Sell
How we trade
Average: 3.7 (3 votes)

USDCHF is trending to the downside today prior to the USD 3 Month bill auction today, which will show the yields on the bill. Technically the pair is below the 0.9220 pivot and the trendline and we anticipate continued downside into the 0.9160 level today.

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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.