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Trade Idea Update: USD/CHF - Buy at 0.9845

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 14, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback fell briefly to 0.9803, lack of follow through selling and the subsequent rebound suggest a temporary low has possibly been formed there and consolidation with mild upside bias is seen for test of the lower Kumo (now at 0.9900), then 0.9910-15 (38.2% Fibonacci retracement of 1.0093-0.9803), above[​IMG]

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