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Trade Idea Update: USD/CHF - Sell at 0.9790 or buy at 0.9670

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has maintained a firm undertone after staging a strong rebound from this week's low of 0.9633, suggesting a temporary low has been formed there and consolidation with mild upside bias is seen for retracement of recent decline to 0.9750-55 (38.2% Fibonacci retracement of 0.9951-0.9633), however, reckon 0.9792-93[​IMG]

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