The USDCHF is testing the important support at 1.0600. A good buying level in the medium term.

[RTFX-Trading]

The USDCHF is testing the important support at 1.0600. A good buying level in the medium term.

The USDCHF is testing the support at 1.0600. This area is extremely important because the Swiss National Bank does not want an appreciation of the Swiss Franc; it had intervened in the foreign exchange market when the Swiss Franc was close to 1.5000 against the Euro and 1.0600 against the Dollar. A buy in this area is recommended, with a stop loss at 1.0527.


Nicolas Longchamp

RTFX Ltd
Head Office
The Cornerstone Complex, 16th September Square | Mosta MST 1180 | Malta
Tel:  +356 23 31 00 00
Fax: +356 21 41 24 58
Web: www.rtfx.com

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