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Trade Idea Wrap-up: USD/CHF - Buy at 0.9800

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 24, 2016.

  1. Lily

    Lily Forum Member

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    The greenback has fallen again and broke below indicated previous support at 0.9884-95, adding credence to our view that top has been formed at 1.0005 earlier this week and retracement of recent rise to 0.9830-35 (50% Fibonacci retracement of 0.9661-1.0005) is likely, however, oversold condition should limit downside to[​IMG]

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