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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 22, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback has risen again after finding renewed buying interest at 0.9553 and gain to 0.9636 (50% Fibonacci retracement of 0.9795-0.9476) cannot be ruled out, break of resistance at 0.9647 is needed to signal recent decline from 0.9844 has ended, then a stronger rebound to 0.9670-75 (61.8% Fibonacci retracement) which is likely to hold[​IMG]

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