Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has remained under pressure, suggesting recent selloff from 0.9956 top is still in progress and downside risk remains for this decline to extend weakness to 0.9570 and possibly 0.9555-58, however, loss of downward momentum should prevent sharp fall below 0.9530-33 and reckon 0.9500 would hold from here,[​IMG]

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