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Trade Idea Update: USD/CHF - Buy at 0.9925

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 2, 2016.

  1. Lily

    Lily Forum Member

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    Dollar has remained confined within near term choppy trading range and further consolidation would be seen, although the retreat from this week's high of 1.0038 may bring weakness to 0.9950, reckon 0.9920-25 (61.8% Fibonacci retracement of 0.9853-1.0038) would limit downside and bring another rise later. Above said resistance at 1.0038[​IMG]

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