Sell on a level breakthrough of 0.9925 with 0.9785 target. Stop loss = 0.9980.
Reason for the trading strategy
The decrease in the yield to maturity on US 10-year bonds from 2.30% to 2.22% last week reduce their investment attractiveness for new customers and put some pressure on the US dollar. At the same time, growth of the euro against the dollar is pushing the USDCHF pair to the 0.9785 level.
USDCHF, H4
