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Trade Idea Update: USD/CHF - Buy at 0.9605

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 5, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has surged again today after finding renewed buying interest at 0.9533 yesterday, adding credence to our view that low has been formed at 0.9444 earlier this week and mild upside bias remains for retracement of recent selloff to resistance at 0.9699, then 0.9710-15 (76.4% retracement of 0.9797-0.9444),[​IMG]

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