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Trade Idea Wrap-up: USD/CHF - Buy at 0.9850

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 20, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has continued trading with a firm undertone after this week's rally, bullishness remains for recent upmove from 0.9444 low to extend gain to 0.9950-60 but overbought condition should prevent sharp move beyond 0.9985-90 (100% projection of 0.9444-0.9767 measuring from 0.9663) and reckon psychological level at 1.0000 would hold[​IMG]

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