Trade Idea Update: EUR/USD - Buy at 1.1025

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As euro's retreat from 1.1193 has kept price under near term pressure, retaining our view that further consolidation below last week's high of 1.1218 would be seen and initial downside risk remains for another corrective fall to 1.1065-70 (38.2% Fibonacci retracement of 1.0822-1.1218), however, reckon 1.1020-25 (50% Fibonacci retracement) would[​IMG]

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