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Trade Idea Update: USD/CHF - Sell at 1.0170

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 3, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback rebounded to 1.0270, renewed selling interest emerged there and dollar tumbled on back of the rally in euro, suggesting top has been formed at 1.0328 last week and the decline from there may extend weakness to 1.0080, then 1.0050, however, near term oversold condition should limit downside[​IMG]

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