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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 10, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's rebound after yesterday's marginal fall to 0.9578 has retained our view that consolidation above this level would be seen and corrective bounce towards resistance at 0.9688 cannot be ruled out, however, reckon upside would be limited to 0.9708-18 (38.2% Fibonacci retracement of 0.9920-0.9578 and previous resistance) and price should falter below[​IMG]

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