Trade Idea Update: EUR/USD - Hold short entered at 1.1370

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The single currency has surged again in NY morning and marginal gain from here cannot be ruled out, near term overbought condition should prevent further sharp rise and as long as resistance at 1.1401 holds, mild downside bias remains for another retreat, below the Kijun-Sen (now at 1.1337) would bring[​IMG]

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