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Trade Idea: EUR/USD - Hold short entered at 1.0800

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 7, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has rebounded after holding above this week's low at 1.0710, as long as intra-day resistance at 1.0830 holds, bearishness remains for another decline, below 1.0750 would bring another test of said support at 1.0710, break there would extend recent decline from 1.1060 to 1.0675-80 (1.236 times[​IMG]

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