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Trade Idea Update: USD/CHF - Sell at 1.0090

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 7, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Dollar's rebound after last week's selloff to 0.9875 has retained our view that consolidation above this level would be seen and recovery to 1.0040 is likely, however, reckon 1.0070-75 (50% Fibonacci retracement of 1.0270-0.9875) would limit upside and the upper Kumo (now at 1.0092) should hold, bring another decline later,[​IMG]

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