Trade Idea: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency surged to 1.0940 yesterday, as price has retreated after faltering below resistance at 1.0947, suggesting consolidation below this level would be seen and pullback to 1.0850 is likely, however, downside should be limited to 1.0820-25 and price should stay well above support at 1.0771, bring another rise.[​IMG]

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