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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2015.

  1. Lily

    Lily Forum Member

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    The greenback has fallen again after meeting renewed selling interest at 0.9647 and the decline from 0.9844 may extend weakness to 0.9550-52 (61.8% projection of 0.9740-0.9587 measuring from 0.9647), however, near term oversold condition should limit downside to 0.9522-28 (1.236 times projection of 0.9844-0.9645 measuring from 0.9795[​IMG]

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