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Trade Idea Wrap-up: USD/CHF - Buy at 0.9570

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has dropped again after yesterday's breach of support at 0.9637, retaining our view that consolidation below last week's high of 0.9689 would be seen and downside risk remains for correction towards 0.9570-75 (61.8% Fibonacci retracement of 0.9499-0.9689), however, reckon 0.9550 would contain downside and bring another rise,[​IMG]

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