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Trade Idea Wrap-up: USD/CHF - Buy at 0.9825

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 17, 2016 at 5:36 PM.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar has retreated after faltering below last week's high at 0.9911, retaining our view that further consolidation below this level would be seen and risk of another retreat to 0.9840-43 (previous resistance and 38.2% Fibonacci retracement of 0.9733-0.9911) cannot be ruled out, however, reckon 0.9820-25 (50% Fibonacci retracement) would[​IMG]

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