USD/CHF Signal - USD Durable Goods Orders - 26 Apr 2021

USDCHF is finding support prior to the USD Durable Goods Orders data, which measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. Technically the pair is at the key support zone, and has made a break to the upside of a descending wedge pattern. The PPO has performed a bullish cross.

Trade closed: target reached