Sell on a level breakthrough of 0.9629 with 0.9549 target. Stop loss = 0.9680.
Reason for the trading strategy
The Swiss trade balance grew from 3.51 billion to 3.74 billion Swiss francs in July. After the publication of the US Federal Reserve minutes for July, the growth of net exports, which is part of the Swiss GDP, and the weakness of the US dollar could trigger the USD/CHF pair to fall to the level of 0.955.