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

Although dollar’s intra-day rally and current break of 0.8674 resistance confirm a temporary low has been formed at 0.8554 yesterday and consolidation with upside bias is seen for retracement of recent decline to 0.8728 (61.8% Fibonacci retracement of 0.8835 to 0.8554) and possibly towards previous resistance at 0.8760, however, near