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Trade Idea Update: USD/CHF - Stand aside

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

  1. Lily

    Lily Forum Member

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    Despite yesterday's rise to 1.0147, lack of follow through buying on previous resistance at 1.0125 and the subsequent retreat suggest consolidation would be seen, however, below 1.0050 is needed to signal top has been formed there, bring test of 1.0013, break there would add credence to this view, bring retracement[​IMG]

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