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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 9, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has rebounded after intra-day marginal fall to 0.9578, suggesting consolidation above this level would be seen and corrective bounce towards resistance at 0.9688 cannot be ruled out, however, reckon upside would be limited to 0.9708-18 (38.2% Fibonacci retracement of 0.9920-0.9578 and previous resistance) and price should falter below[​IMG]

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