Trade Idea: EUR/USD - Sell at 1.1275

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has rebounded again after finding support around 1.1204-06, retaining our view that further consolidation above last week's low at 1.1180 would be seen and initial upside risk remains for corrective bounce to 1.1245 (38.2% Fibonacci retracement of 1.1349-1.1180), however, reckon upside would be limited to 1.1265-75[​IMG]

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