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Trade Idea Wrap-up: USD/CHF - Buy at 0.9600

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has traded lower after breaking support at 0.9637, retaining our view that consolidation below last week's high of 0.9689 would be seen and pullback to 0.9615-20 (38.2% Fibonacci retracement of 0.9499-0.9689) is likely, however, reckon previous resistance at 0.9594 (same level as 50% Fibonacci retracement) would contain[​IMG]

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