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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 23, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has maintained a firm undertone after last week's rise to 0.9927, suggesting recent rise from 0.9444 low is still in progress and may extend further 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[​IMG]

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