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USD/CHF Signal - USD Initial Jobless Claims - 18 Nov 2021

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Signal Details
Entry Price: 
0.9284
Take Profit: 
0.9350
Stop Loss: 
0.9240
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is trending to the upside prior to the USD Initial Jobless Claims data, which measures the number of people applying for unemployment benefits for the first time. Technically the pair is holding 50 moving average and structure support, and we're looking for continued upside into the 0.9350 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.