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Trade Idea Update: USD/CHF - Buy at 0.9880

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

  1. Lily

    Lily Forum Member

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    As the greenback has risen again and broke above resistance at 0.9911 (last week's high), confirming recent upmove from 0.9537 has resumed and extend further gain to 0.9940-50 but overbought condition should prevent sharp move beyond 0.9980 and reckon psychological resistance at 1.0000 would hold from here, risk from there[​IMG]

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