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Trade Idea : EUR/USD - Sell at 1.1120

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    The single currency has remained under pressure after this week's selloff below previous support at 1.1104, adding credence to our view that recent decline is still in progress and may extend weakness to 1.1010-15 (1.618 times projection of 1.1279-1.1138 measuring from 1.1239 but reckon 1.0985-90 (1.618 times projection of 1.1239-1.1104[​IMG]

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