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Trade Idea Update: USD/CHF - Buy at 0.9585

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 22, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback staged a strong rebound after falling to 0.8537 (exactly 1.618 times projection of 0.9845-0.9708 measuring from 0.9759) last week, suggesting a temporary low has been formed there and consolidation with mild upside bias is seen for test of resistance at 0.9659, however, a firm break above there[​IMG]

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