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Trade Idea Update: USD/CHF - Buy at 0.9825

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 17, 2016 at 1:09 PM.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although dollar rebounded after finding support at 0.9856, break of last week's high at 0.9911 is needed to signal recent upmove from 0.9537 has resumed and extend gain to 0.9940-50 but overbought condition should prevent sharp move beyond 0.9970 and reckon psychological resistance at 1.0000 would hold. If said resistance[​IMG]

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