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Trade Idea Wrap-up: USD/CHF - Sell at 1.0110

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 3, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's intra-day selloff below indicated support at 1.0111 adds credence to our view that top has been formed at 1.0256 and bearishness is seen for further weakness to 1.0020-25 (61.8% Fibonacci retracement of 0.9881-1.0256) and then towards 0.9991 support, however, near term oversold condition should prevent sharp fall below[​IMG]

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