Trade Idea Wrap-up: USD/CHF - Hold short entered at 0.9795

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has retreated after intra-day brief rise to 0.9804, suggesting consolidation below this level would be seen and test of 0.9740-45 is likely, break there would suggest an intra-day top is formed, bring weakness to the lower Kumo (now at 0.9719) but break of indicated support at 0.9702[​IMG]

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