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Trade Idea Update: USD/CHF - Sell at 0.9810

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar's decline has accelerated after last week's selloff, suggesting recent decline is still in progress and may extend weakness to 0.9700, then towards 0.9675-80, however, near term oversold condition should prevent sharp fall below 0.9650, risk from there has increased for a corrective rebound to take place later.[​IMG]

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