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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 7, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has slipped again after intra-day brief bounce to 1.0077, dampening our bullishness and near term downside risk is seen for retracement of recent rise to 0.9990, then 0.9975 (50% Fibonacci retracement of 0.9825-1.0125), however, reckon downside would be limited to 0.9950 and price should stay well above[​IMG]

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