Trade Idea Wrap-up: USD/CHF - Buy at 0.9605

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar's upmove has accelerated, adding credence to our view that low has been formed at 0.9444 earlier this week and mild upside bias remains for at least a strong retracement of recent selloff to resistance at 0.9699, then 0.9710-15 (76.4% retracement of 0.9797-0.9444), however, reckon upside would be limited[​IMG]

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