Trade Idea Update: USD/CHF - Stand aside

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

  1. Lily

    Lily Forum Member

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    Although the greenback has rebounded from 1.0179, yesterday's cross-inspired selloff in late NY suggests top has been formed at 1.0328 last week and whilst recovery to the lower Kumo (now at 1.0270) cannot be ruled out, price should falter well below resistance at 1.0308 (yesterday's high) and bring another decline later.[​IMG]

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