ToniSignals

USD/CHF Signal - USD 3 Month Bill Auction - 19 Jun 2021

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is trending to the upside currently, and the trend has made a pullback prior to the USD 3 Month Bill auction. The Bill Auction reveals the yield for the bill, and interest rate yields on USA government debt are a key indicator for global markets. Technically the pair has pulled back towards support, and we anticipate continued upside with the data release.


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