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Trade Idea Wrap-up: USD/CHF - Sell at 0.9730

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

  1. Lily

    Lily Forum Member

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    The greenback found support at 0.9636 on Friday and recovered, suggesting consolidation above this level would be seen and another corrective bounce to 0.9705-10 (38.2% Fibonacci retracement of 0.9822-0.9636) cannot be ruled out, however, reckon 0.9725-30 (50% Fibonacci retracement) would limit upside and bring another decline later, a break of[​IMG]

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