Trade Idea Update: EUR/USD - Buy at 1.1090

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 28, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has continued to trade defensively after falling to 1.1140 last week, downside risk remains for the fall from 1.1342 to bring retracement of recent rise and weakness to 1.1140-43 (38.2% Fibonacci retracement of 1.0822-1.1342), however, reckon 1.1090-95 would limit downside and bring rebound later. Above 1.1200-05[​IMG]

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