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USD/CHF Signal - USD Fed Chairman Powell Speech - 22 Sep 2020

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Signal Details
Entry Price: 
0.9158
Take Profit: 
0.9190
Stop Loss: 
0.9120
Direction: 
Sell
How we trade
Average: 5 (2 votes)

USD/CHF is trading to the upside prior to Fed Chair Powell's speech today. The speech will give insight into the Fed's overview of the economy and outlook for Fed policy. We anticipate dollar strength to prevail today, with targets at the 0.9190 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.