Trade Idea Update: USD/CHF ? Sell at 0.9390

Trade Idea Update: USD/CHF ? Sell at 0.9390

<p>Yesterday?s rebound after holding above last week?s low at 0.9229 has retained our view that further consolidation would take place and mild upside bias is seen for retracement to 0.9375/80 (38.2% Fibonacci retracement of 0.9506 to 0.9229) but renewed selling interest should emerge below resistance at 0.9392, bring another decline later.</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/dl0g3GqldDc" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Sell at 0.9390