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Trade Idea : USD/CHF - Buy at 0.9850

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 24, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has traded narrowly after meeting resistance at 0.9927 last week, suggesting further consolidation would be seen before recent rise from 0.9444 low resumes, break of said resistance would extend further gain to 0.9960 but overbought condition should prevent sharp move beyond 0.9985-90 (100% projection of 0.9444-0.9767 measuring[​IMG]

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