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USD/CHF SIGNAL - USD CONSUMER CONFIDENCE - 29 SEP 2020

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Signal Details
Entry Price: 
0.9241
Take Profit: 
0.9185
Stop Loss: 
0.9295
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the downside today prior to USD consumer confidence. USD consumer confidence captures the level of confidence that individuals have in economic activity. Technically the pair is trading below the 50 moving average, and we anticipate further downside on the USD/CHF into the 0.9185 level.

Submitted by Toni H. on Tue, 29 Sep 2020 01:38:42 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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