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Trade Idea : USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 1, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback has retreated again after meeting resistance at 0.9951 twice and further consolidation would be seen, break of yesterday's low at 0.9886 is needed to revive near term bearishness, bring retracement of recent rise to 0.9872, then 0.9840-45 (38.2% Fibonacci retracement of 0.9663-0.9956), however, reckon downside would be limited to[​IMG]

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