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Trade Idea : USD/CHF - Sell at 0.9935

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 10, 2015.

  1. Lily

    Lily Forum Member

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    Yesterday's resumption of recent decline from 1.0328 has retained our bearishness and downside bias remains for this fall to bring retracement of early upmove to 0.9815-20 (50% projection of 1.0308-0.9875 measuring from 1.0035), then towards 0.9790-00, however, oversold condition should limit downside to 0.9765-70 (61.8% projection), bring rebound later.[​IMG]

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