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Trade Idea Wrap-up: USD/CHF - Hold short entered at 0.9845

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current rebound suggests caution on our short position entered at 0.9845, however, as long as resistance at 0.9861 holds, prospect of another decline remains, below 0.9780 would bring test of indicated support at 0.9761-63, break there would add credence to our view that top has been formed at 0.9901 earlier[​IMG]

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