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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 5, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has remained under pressure after yesterday's selloff, adding credence to our view that decline from 1.0256 is still in progress and may extend weakness to 0.9900-10 (61.8% projection of 1.0256-0.9988 measuring from 1.0076), however, loss of downward momentum should prevent sharp fall below[​IMG]

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