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Trade Idea Update: EUR/USD - Buy at 1.1515

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has surged again after brief pullback, suggesting bullishness remains for early upmove from 1.0523 to extend further gain to 1.1610-20 (61.8% projection of 1.0822-1.1465 measuring from 1.1215), then towards 1.1640-50, however, overbought condition should limit upside to 1.1675-80 and price should falter below resistance at 1.1714,[​IMG]

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