Trade Idea Wrap-up: USD/CHF - Sell at 0.9820

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar's intra-day rebound to 0.9765 has retained our view that near term upside risk remains for the rebound from 0.9651 to bring retracement of recent decline to resistance at 0.9792, however, reckon 0.9820 (38.2% Fibonacci retracement of 1.0093-0.9651) would limit upside and bring another decline later. A break of 0.9720-25 would bring test of[​IMG]

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