Trade Idea Update: USD/CHF - Hold short entered at 0.9765

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback faltered below indicated resistance at 0.9767 and has dropped in US morning, retaining our bearishness for the fall from 0.9845 (this week's high) to extend weakness to 0.9690-00, then towards 0.9660-65, however, as broad outlook remains consolidative, price should stay above last week's low at 0.9633.[​IMG]

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