Trade Idea Update: USD/CHF - Buy at 0.9825

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has remained confined within near term established range, retaining our view that further consolidation below last week's high of 0.9911 would be seen and risk of another retreat to 0.9840-43 (previous resistance and 38.2% Fibonacci retracement of 0.9733-0.9911) cannot be ruled out, however, reckon 0.9820-25 (50% Fibonacci[​IMG]

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