USDCHF Sell Stop Trade Idea
Sell Entry : 0.9145
SL : 0.9175 (30 pips)
TP : 0.9085 (60 pips)
Short term USD weakness bias - Last weak weaker than expected CPI data and preliminary University of Michigan's consumer confidence measure tumbled to its lowest level since 2011 as the delta variant flares, leading to new social restrictions and delays in the return to work in the US for many.
Price have been in a tight consolidation rectangle area. Waiting for price to break out of the consolidation at 0.9145.
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