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Trade Idea Update: USD/CHF - Hold short entered at 0.9795

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

  1. Lily

    Lily Forum Member

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    As the greenback recovered after finding support at 0.9710 on Friday, suggesting consolidation above this level would be seen, however, as long as minor resistance at 0.9782 holds, mild downside bias remains and below said support at 0.9710 would extend the fall from 0.9838 (last week's high) towards 0.9675-80 (50%[​IMG]

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