There are risks of the USDCHF pair declining to the 0.911 level
USDCHF
May 12, 2015, 11:14
Sell on a level breakthrough of 0.9281 with 0.9110 target. Stop loss = 0.9340.
Reason for the trading strategy
The currencies of the EU countries are sensitive to the economic news concerning Greece. The country's theoretical exit from the EU and the euro zone will lead to a sale of the majority of the EU bonds. The European capital may rush into the protective Swiss 10-year bonds, the yields of which entered the positive zone in May again. Against the background of a possible increase in demand for the franc in the EUR/CHF pair, the USD/CHF pair risks testing the 0.9110 level again.
USDCHF, H4
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