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Trade Idea Update: USD/CHF - Buy at 0.9755

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 15, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback has remained under pressure and near term downside risk remains for recent decline to extend marginal weakness to 0.9780-85, loss of near term downward momentum should prevent sharp fall below 0.9755-57 (61.8% projection of 1.0308-0.9875 measuring from 1.0035 and 50% projection of 1.0035-0.9803 measuring from 0.9873), bring[​IMG]

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