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EURUSD - We look to Sell at 1.1293

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD - We look to Sell at 1.1293 (stop at 1.1323) EURUSD - Closed the day little net changed. The move higher is mixed and volatile, common in corrective sequences. There is scope for mild buying at the open but gains should be limited. Bespoke support is located at 1.1163. The previous swing low is located at 1.1144. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.1293, resulting in improved risk/reward. Our profit targets will be 1.1165

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