Trader_97

USD/CHF FAILS TO HOLD ABOVE 61.8% MARK

FX:USDCHF   U.S. Dollar/Swiss Franc
12 0 4
USD made an attempt to break above the 61.8% area yesterday but failed to hold above it and soon we saw a retest of 50% retracement area which provided a bit of support to the pair.However a close below the 50% area as as well outside of the T.L support from 11th FEB would mean that pair may be getting ready for further continuation to the downside
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