Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 4, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has rebounded after tumbling to 0.9875 yesterday, suggesting minor consolidation above this level would be seen and recovery to 1.0025-30 (38.2% Fibonacci retracement of 1.0270-0.9875) cannot be ruled out, however, reckon 1.0040-50 would limit upside and 1.0070-75 (50% Fibonacci retracement) would hold, bring another decline later, below[​IMG]

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