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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 1, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has rebounded after falling to 0.9571 yesterday, suggesting consolidation above this level would be seen and corrective bounce to 0.9640-45 (38.2% Fibonacci retracement of 0.9763-0.9571) cannot be ruled out, reckon 0.9665-67 (yesterday's high and 50% Fibonacci retracement) would limit upside[​IMG]

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