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Trade Idea Update: USD/CHF - Buy at 1.0040

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 10, 2016.

  1. Lily

    Lily Forum Member

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    Current rally after ECB together with the breach of previous resistance at 1.0038-40 signal recent upmove from 0.9661 low has resumed and may extend gain to 1.0110-15 (61.8% projection of 0.9661-1.0038 measuring from 0.9879), then towards 1.0145-50, however, near term overbought condition should prevent sharp move beyond[​IMG]

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