Trade Idea Update: USD/CHF - Sell at 0.9820 or buy at 0.9660

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar has maintained a firm undertone after staging a strong rebound from 0.9633, retaining our view that a temporary low has been formed there and consolidation with mild upside bias is seen for retracement of recent decline to 0.9770, then 0.9792-93 (50% Fibonacci retracement of 0.9951-0.9633 and previous support),[​IMG]

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