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USD/CHF Signal - USD Redbook Index - 6 Apr 2021

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Signal Details
Entry Price: 
0.9379
Take Profit: 
0.9335
Stop Loss: 
0.9420
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCHF is trending to the downside prior to the USD Redbook Index data, which is a sales weighted index for retail stores in the US. Technically the pair is below the 0.9400 pivot and the moving average ribbon and we anticipate continued downside on the pair into the 0.9335 level. The PPO is also trading at bearish levels.

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USDCHF Free Forex Signal 2021
Submitted by Toni H. on Tue, 06 Apr 2021 04:27:45 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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