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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 23, 2016.

  1. Lily

    Lily Forum Member

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    The greenback broke below previous support at 0.9572 yesterday and has remained under pressure, suggesting recent decline is still in progress and downside risk remains for weakness towards 0.9510-15 (50% projection of 0.9920-0.9572 measuring from 0.9687), however, near term oversold condition should limit downside to[​IMG]

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