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Trade Idea Update: USD/CHF - Sell at 0.9540

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 3, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has tumbled today and broke below support at 0.9499, confirming early decline from 1.0328 top (2015 high) has resumed and may extend further weakness to 0.9430-35 (61.8% projection of 1.0093-0.9499 measuring from 0.9797), however, reckon downside would be limited to 0.9390-00, risk from there has increased for[​IMG]

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