Trade Idea: EUR/USD - Target met and stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current anticipated selloff adds credence to our bearishness and the breach of indicated support at 1.0971-79 has reinforced our view of a possible downside break of recent established broad range, hence further decline to 1.0940 and possibly 1.0900-10 would be seen, however, near term oversold condition should prevent sharp fall[​IMG]

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