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Trade Idea Wrap-up: USD/CHF - Hold short entered at 0.9765

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has slipped again after faltering below indicated resistance at 0.9766-67, a sustained breach below support at 0.9708 (Friday's low) is needed to retain bearishness and extend the fall from last week's high of 0.9845 to 0.9690, then towards 0.9660-65, having said that, as broad outlook remains consolidative,[​IMG]

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