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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 9, 2015.

  1. Lily

    Lily Forum Member

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    As the greenback has remained under pressure after intra-day anticipated decline, suggesting near term downside risk remains for the decline from 0.9844 top to extend weakness towards 0.9565-70 (100% projection of 0.9844-0.9645 measuring from 0.9768), however, near term oversold condition should limit downside and price should stay well above support at 0.9528[​IMG]

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