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Trade Idea Update: USD/CHF - Buy at 0.9750

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 31, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback has maintained a firm undertone after last week's rally and bullishness remains for the rise from this month's low of 0.9537 to extend gain to 0.9855-60 (50% projection of 0.9632-0.9807 measuring from 0.9768), loss of upward momentum should prevent sharp move beyond 0.9875-80 (61.8% projection) and reckon 0.9900-10 would hold[​IMG]

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