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Trade Idea Update: USD/CHF - Hold short entered at 0.9748

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 7, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has remained under pressure after yesterday's selloff, adding credence to our view that the decline from 0.9885 top (last week's high) is still in progress and further weakness to 0.9670 (61.8% Fibonacci retracement of 0.9537-0.9885), then 0.9650 would be seen, however, reckon support at 0.9632 would hold[​IMG]

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