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USD/CHF Signal - USD Durable Goods Orders - 24 Mar 2021

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Signal Details
Entry Price: 
0.9340
Take Profit: 
0.9270
Stop Loss: 
0.9400
Direction: 
Sell
How we trade
Average: 3.7 (3 votes)

USDCHF has found resistance today ahead of the USD Durable Goods Orders, which measures the cost of orders received by manufacturers for durable goods. Technically the pair is giving sell signals on the Daily chart RSI, and we anticipate downside on this major forex pair.

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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.