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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 1, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's intra-day breach of yesterday's low at 0.9728 has retained our view that further consolidation below this week's high at 0.9838 would be seen and mild downside bias remains for weakness towards 0.9675-80 (50% Fibonacci retracement of the rise from 0.9521-0.9838), break there would bring stronger correction of the rally[​IMG]

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