Trade Idea Update: USD/CHF - Sell at 0.9690

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 31, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar's rebound after falling briefly to 0.9592 yesterday suggests consolidation above this level would be seen and recovery to 0.9670 cannot be ruled out, however, reckon 0.9695-98 (61.82% Fibonacci retracement of 0.9763-0.9592) would limit upside and bring another decline. A break of said support at 0.9592 would extend the selloff from 1.0093 top to[​IMG]

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