Trade Idea Wrap-up: USD/CHF - Buy at 0.9890

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 17, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    The greenback found renewed buying interest at 0.9811 yesterday and has rallied on dollar's broad-based strength, adding credence to our view that low has been formed at 0.9786 and bullishness remains for gain to 0.9985 (38.2% Fibonacci retracement of 1.0308-0.9786) and possibly towards 1.0000, however, reckon previous resistance at 1.0035 would hold[​IMG]

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