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USD/CHF Signal - USD Gross Domestic Product - 30 Jul 2020

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Signal Details
Entry Price: 
0.91446
Take Profit: 
0.9095
Stop Loss: 
0.9185
Direction: 
Sell
How we trade
Average: 5 (3 votes)

USD/CHF is trending to the downside prior to the USD GDP data release. GDP data provides a measure of all goods and services produce locally. We aticipate further downside into the 0.9095 level. Price is trending below the 0.9155 pivot and the 1h 50EMA.

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.