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USD/CHF Signal - USD Non Farm Payroll - 4 Jun 2021

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Signal Details
Entry Price: 
0.9036
Take Profit: 
0.8990
Stop Loss: 
0.9060
Direction: 
Sell
How we trade
Average: 5 (2 votes)

USDCHF has bounced out of resistance today prior to the Non Farm Payroll data, which shows the number of new jobs added in non agriculture sectors. Technically the pair has bounced out of resistance and the PPO has given a bearish cross. The histogram is also negative, indicating downside. We are looking for downside into 0.8990.

Submitted by Toni H. on Fri, 04 Jun 2021 01:13:20 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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