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Trade Idea Update: EUR/USD - Buy at 1.1420

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 2, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has maintained a firm undertone, bullishness remains for recent rise from 1.1215 to extend further gain towards 1.1505-10 (1.618 times projection of 1.1215-1.1361 measuring from 1.1272) but reckon 1.1540-50 would hold on first testing due to near term overbought condition[​IMG]

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