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Trade Idea Update: USD/CHF - Sell at 1.0005

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

  1. Lily

    Lily Forum Member

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    As the greenback has rebounded after finding support at 0.9884, suggesting another test of last week's high at 0.9969 cannot be ruled out, break there would extend recent upmove towards psychological resistance at 1.0000, however, reckon 1.0009 (61.8% Fibonacci retracement of 1.0225-0.9661) would limit upside and bring retreat later.[​IMG]

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