Trade Idea Update: USD/CHF - Hold long entered at 0.9575

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 4, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback retreated after meeting resistance at 0.9626 again on Friday, as long as last week's low at 0.9554 holds, further consolidation is seen with mild upside bias for another test of 0.9626-34 (said resistance and 38.2% Fibonacci retracement of 0.9763-0.9554), break there would suggest low is possibly formed,[​IMG]

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