Trade Idea Update: EUR/USD - Buy at 1.1140

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has remained under near term pressure, retaining our view that further consolidation below last week's high of 1.1342 would be seen and initial downside risk remains for retracement to 1.1170, however, reckon 1.1140-45 (38.2% Fibonacci retracement of 1.0822-1.1342) and bring another rise later. Above 1.1285 would bring test of[​IMG]

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