USDCHF has traded into a key level prior to the USD 3 Month Bill Auction which reveals the yield on the bill. Technically the pair has traded into a significant support resistance zone, and the RSI has bearish momentum. Price has also given a bearish confirmation at the key level, and we anticipate continued downside.
Trade closed manually
Closed manually at break even.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.