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USDCHF is taking the last chance before failure.

USDCHF is taking the last chance before failure.

Oct 29 2021

by Michael Wallenberg
Analyst AZA

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USDCHF is taking the last chance before failure.

USDCHF is taking the last chance before failure.

The Dollar sags under the onslaught of the Swiss franc. The bears were able to push the price down to the flat 0.9100 level. This level has stopped bear attacks before. If this level is broken, then we will have the opportunity to earn 40 pips.

Symbol: USDCHF
Order Type: Pending Order - Sell Stop
Entry Price at 0.91000
Take Profit at 0.90600
Pips Earning: 40

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1630
USDJPY buy at the price of 113.95
GBPUSD buy at the price of 1.3815
XAUUSD sell at the price of 1782.00

Forex technical analysis
The profit can be $432.88 if the trading volume of 100000 USD (1 Lot).

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