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USD/CHF Signal - USD Continuing Jobless Claims - 14 Oct 2021

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Signal Details
Entry Price: 
0.9235
Take Profit: 
0.91480
Stop Loss: 
0.9300
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF is trending to the downside proir to the USD Continuing Jobless claims, which measure the number of people applying for jobless claims on an ongoing basis. Technically the pair has broken the ascending trendline and we are anticipating downside into the 161.8% fibo extension.

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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.