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Trade Idea Update: USD/CHF - Hold long entered at 1.0005

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has maintained a firm undertone after yesterday's rally above 1.0030, suggesting the erratic rise from 0.9786 low is still in progress and may bring a stronger retracement of early decline and gain to 1.0100, however, reckon upside would be limited and price should falter below 1.0120-25 (61.8% Fibonacci[​IMG]

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