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Trade Idea Update: USD/CHF - Buy at 0.9935

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 1, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's retreat after yesterday's brief rise to 1.0038 suggests consolidation below this level would be seen and pullback to 0.9950 cannot be ruled out, however, reckon the Ichimoku cloud bottom (now at 0.9930) would limit downside and bring another rise later. Above said resistance at 1.0038 would extend recent upmove to 1.0065[​IMG]

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