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Trade Idea : USD/CHF - Hold short entered at 0.9765

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 12, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback rebounded after falling to 0.9711 yesterday and consolidation above this level would be seen initially, as long as resistance at 0.9767 holds, bearishness remains for the fall from 0.9845 (this week's high) to extend weakness to 0.9690-00, however, reckon 0.9660-65 would limit downside and price should stay above 0.9633.[​IMG]

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