Trade Idea Wrap-up: USD/CHF - Buy at 0.9655

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 10, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current breach of previous resistance at 0.9736 (yesterday's high) signals the rise from 0.9444 low is still in progress and may extend gain to 0.9754-55, then 0.9767 resistance, however, loss of upward momentum should prevent sharp move beyond another previous resistance at 0.9797, risk from there is seen for a retreat later.[​IMG]

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