Trade Idea Wrap-up: USD/CHF - Hold long entered at 1.0000

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 9, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Although the greenback slipped initially today, as renewed buying interest emerged at 0.9998 and price has rebounded, retaining our bullishness for recent upmove to resume after consolidation, above Friday's high at 1.0076 would extend gain to 1.0100, however, reckon 1.0129-34 (previous resistance and 61.8% projection of 0.9476-0.9958 measuring from 0.9836) would hold[​IMG]

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