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USD/CHF Signal - USD Initial Jobless Claims - 23 Jul

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Signal Details
Entry Price: 
0.92817
Take Profit: 
0.9225
Stop Loss: 
0.93518
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF is trending to the downside prior to USD Initial jobless claims, which is a measure of the number of people filing first-time claims for state unemployment insurance. Technically, the pair is trading below the 1hr 50 ema. We anticipate further downside into 0.9225.

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.