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USD/CHF Signal - USD Redbook Index - 5 Oct 2021

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Signal Details
Entry Price: 
0.9254
Take Profit: 
0.9310
Stop Loss: 
0.9200
Direction: 
Buy
How we trade
Average: 5 (1 vote)

USDCHF has bounced at support prior to the USD Redbook Index data, which is a sales weighted retail index that measures 9000+ stores. Technically the pair is holding above the daily trendline and we anticipate the midterm bull market to continue.

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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.