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Trade Idea Wrap-up: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 11, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Although the greenback resumed recent decline and the fall from 1.0328 top may extend weakness to 0.9800, loss of near term downward momentum should prevent sharp fall below 0.9765-70 (61.8% projection of 1.0308-0.9875 measuring from 1.0035) and reckon 0.9710-15 would contain downside, bring rebound later.[​IMG]

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