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Trade Idea Update: EUR/USD - Hold short entered at 1.1060

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 22, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency fell briefly to 1.0979, lack of follow through selling on break of previous support at 1.0981 and current rebound suggest further consolidation would be seen but as long as resistance at 1.1060 holds, mild downside bias remains for another fall to support at 1.0971-79, below there[​IMG]

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