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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 8, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has fallen again after brief recovery, suggesting recent selloff is still in progress and downside risk remains for the decline from 0.9956 top to extend weakness to 0.9590 (previous resistance now support), however, loss of downward momentum should prevent sharp fall below 0.9558 and reckon 0.9530-33 would hold[​IMG]

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