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Trade Idea Wrap-up: USD/CHF - Hold long entered at 1.0085

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 21, 2016.

  1. Lily

    Lily Forum Member

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    Current rally together with the breach of previous resistance at 1.0125 signals the rise from 0.9786 low is still in progress and may extend gain to 1.0155-60 (1.618 times projection of 0.9786-0.9991 measuring from 0.9825) and later towards 1.0200 (76.4% retracement of 1.0328-0.9786) which is likely to hold from here,[​IMG]

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