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Trade Idea Update: USD/CHF - Sell at 0.9710

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 1, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback recovered after falling to 0.9636 on Friday and consolidation above this level would be seen, reckon the Kijun-Sen (now at 0.9708) would limit upside and bring another decline later, below said support at 0.9636 would extend recent decline from 0.9951 to 0.9625-30 (1.236 times projection of 0.9951-0.9793[​IMG]

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