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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 2, 2016.

  1. Lily

    Lily Forum Member

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    Dollar has slipped again in NY morning after the release of US NFP, adding credence to our view that top has possibly been formed at 0.9885 yesterday, hence consolidation with downside bias is seen for weakness towards 0.9725-30 (61.8% Fibonacci retracement of 0.9632-0.9885) but reckon downside would be limited to[​IMG]

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