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USD/CHF Signal - USD Jackson Hole Symposium - 27 Aug 2020

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Signal Details
Entry Price: 
0.9074
Take Profit: 
0.9017
Stop Loss: 
0.9124
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USD/CHF has broken to the downside of a technical wedge prior to Jackson Hole. Jackson Hole Symposium is a forum for parties such as central bankers, academics and policy experts to discuss relevant economic policies and topics. Technically the pair is trading below the 1hr 100&200 simple moving averages. We anticipate further downside on this pair.

Submitted by Toni H. on Thu, 27 Aug 2020 00:41:03 GMT

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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.

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