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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 18, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback resumed recent rise after finding renewed buying interest at 0.9751 yesterday and near term upside risk remains for recent rise from 0.9444 low to extend gain to 0.9860-65 (61.8% projection of 0.9444-0.9767 measuring from 0.9663), near term overbought condition should prevent sharp move beyond 0.9900 and reckon[​IMG]

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