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USD/CHF Signal - USD Monthly Budget Statement - 10 Mar 2021

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Signal Details
Entry Price: 
0.93007
Take Profit: 
0.93400
Stop Loss: 
0.92300
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USD/CHF is trading to the upside today prior to the USD Monthly Budget Statement. Released by the Financial Management Service, the Monthly Budget Statement summarises financial activities of federal entities, disbursing officers and Federal Reserve banks. Technically, the pair is trading above the 50 moving average, and we anticipate further upside on the USD/CHF into the 0.93400 level.

Submitted by Toni H. on Wed, 10 Mar 2021 05:24:15 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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