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Trade Idea Update: USD/CHF - Buy at 0.9645

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 12, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has retreated after rising to 0.9767 earlier this week, retaining our view that further consolidation below this level would be seen and pullback to 0.9677-84 (38.2% Fibonacci retracement of 0.9533-0.9767 and previous support) cannot be ruled out, however, reckon 0.9650-51 (50% Fibonacci retracement and another previous support)[​IMG]

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