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Trade Idea Update: USD/CHF - Hold long entered at 0.9770

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 5, 2016.

  1. Lily

    Lily Forum Member

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    Dollar’s retreat after yesterday’s rally to 0.9829 suggests minor consolidation below this level would be seen, however, as long as 0.9750-53 holds, prospect of another rise remains, above said resistance would extend the rise from 0.9640 low to 0.9845-50 later but near term overbought condition should limit upside and price[​IMG]

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