Sorry, you need to enable JavaScript to visit this website.

USD/CHF Signal - USD 3 Month Bill Auction - 29 Mar 2021

You are here

Signal Details
Entry Price: 
0.940
Take Profit: 
0.9350
Stop Loss: 
0.9440
Direction: 
Sell
How we trade
Average: 5 (2 votes)

USDCHF is pushing to the upside today however the MFI indicator is showing bearish divergence. Price has bounced out off the 0.9420 resistance level prior to the USD 3 Month Bill Auction, which is the average yield on the bills auctioned by US Department of Treasury. We anticipate a push to the downside at 0.9350.

Trade like a pro with TradeProofer!

Live Broker Spreads

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.