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Trade Idea Update: USD/CHF - Buy at 1.0110

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 19, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback surged yesterday to as high as 1.0220, the subsequent retreat suggests minor top has been formed there and consolidation below this level would be seen with mild downside bias for correction to 1.0128-32 (yesterday's low and 50% Fibonacci retracement of 1.0044-1.0220), however, reckon 1.0110-15 (61.8% Fibonacci retracement)[​IMG]

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