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USD/CHF Signal - USD 3 Month Bill Auction - 28 Jun 2021

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Signal Details
Entry Price: 
0.9183
Take Profit: 
0.9235
Stop Loss: 
0.9140
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDCHF is trending to the upside today prior to the USD 3 Month Bill Auction, which reveals the yield on the bill. Technically the pair has held above support, bounced from the 200 hour moving average, and the RSI is bullish. We anticipate continued upside into the 0.9235 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.