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Trade Idea : USD/CHF - Sell at 0.9800

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 11, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's selloff from 0.9845 suggests the rise from 0.9633 has ended there, hence consolidation with downside bias is seen for weakness to previous support at 0.9726, break there would add credence to this view and extend weakness to 0.9690-00 but reckon 0.9670 would hold from here due to near term oversold condition.[​IMG]

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