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Trade Idea Update: EUR/USD - Hold short entered at 1.0880

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 1, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has recovered after falling to 1.0810 on Friday and minor consolidation above this level would be seen, however, reckon upside would be limited to 1.0895-00 (61.8% Fibonacci retracement of 1.0949-1.0810) and bring another decline, a break of said Friday's low at 1.0810 would extend the selloff[​IMG]

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