Trade Idea : USD/CHF - Sell at 0.9985

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has retreated after rising to 0.9969 yesterday, reckon the lower Kumo (now at 0.9895) would limit downside and near term upside risk remains for the rebound from 0.9661 low to extend one more rise towards previous resistance at 0.9985, however, loss of upward momentum should prevent sharp move beyond[​IMG]

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