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Trade Idea Wrap-up: USD/CHF - Sell at 0.9700

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 30, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has rebounded after falling briefly to 0.9592, suggesting consolidation above this level would be seen and recovery to 0.9655-60 (38.2% Fibonacci retracement of 0.9763-0.9592) cannot be ruled out, however, reckon upside would be limited too 0.9695-00 (61.8% Fibonacci retracement) and bring another decline.[​IMG]

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