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Trade Idea Update: USD/CHF - Buy at 0.9840

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 22, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has slipped again after brief recovery, suggesting near term downside risk remains for the retreat from 0.9991 (last week's high) to bring retracement of the rise from 0.9786, hence weakness to 0.9865 (61.8% Fibonacci retracement of 0.9786-0.9991) cannot be ruled out, however, reckon downside would be limited to[​IMG]

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