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Trade Idea Update: EUR/USD - Hold long entered at 1.1130

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 4, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency has fallen again today, as this move from 1.1234 is viewed as retracement of recent upmove, reckon previous resistance at 1.1120 would turn into support and contain euro's downside, bring another rebound later to the Kijun-Sen (now at 1.1171), break there would suggest low is formed,[​IMG]

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