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Trade Idea Update: USD/CHF - Sell at 0.9820

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 22, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's near term consolidation above last week's low of 0.9651 is expected to continue and initial upside risk remains for another corrective bounce to resistance at 0.9730, above there would bring retracement to previous support at 0.9750 and possibly resistance at 0.9792, however, reckon 0.9820 (38.2% Fibonacci retracement of 1.0093-0.9651)[​IMG]

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