Trade Idea Update: EUR/USD - Buy at 1.1190

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency dropped sharply to 1.1131 yesterday, the subsequent rally suggests low has possibly been formed there and consolidation with mild upside bias is seen for gain towards 1.1299-1.1307 (previous resistance and 61.8% Fibonacci retracement of 1.1416-1.1131), however, a firm break above there is needed to add credence[​IMG]

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