Trade Idea Wrap-up: USD/CHF - Buy at 0.9760

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 14, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has remained under pressure and initial downside risk remains for recent decline to extend marginal weakness to 0.9780-85, loss of near term downward momentum should prevent sharp fall below 0.9765-70 (61.8% projection of 1.0308-0.9875 measuring from 1.0035), bring rebound later, above resistance at 0.9873 would suggest low[​IMG]

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