USDCHF The sell signal is clearly established

Sell ​​signals and strategies USDCHF

The USDCHF pair loses its recovery momentum and holds below the 0.8800 mark during the early Asian trading hours on Thursday. Meanwhile, the US Dollar Index (DXY), a measure of the value of USD against six other major currencies, loses momentum and hovers around 103.00. At the time of writing, the USD/CHF is trading at 0.8772, losing 0.14%.

On the Swiss franc front, the weaker-than-expected Swiss data capped the upside CHF against the US Dollar. On Wednesday, the KOF Leading Indicator for August came in at 91.1 versus 92.01 prior and below the market consensus of 91.5. Meanwhile, the ZEW Survey of Expectation for the same period fell to -38.6 from -32.6 the previous month and missed the expectation of -31.3.

Kommentar:

NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

Kommentar:

SELL USDCHF 0.87980 - 0.87730

SL : 0.88380

TP 1 : 0.87480
TP 2 : 0.87180
TP 3 : 0.86500