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Trade Idea Update: EUR/USD - Hold short entered at 1.1405

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 5, 2016.

  1. Lily

    Lily Forum Member

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    Euro's near term sideways trading is likely to continue and as long as indicated resistance at 1.1410-13 holds, consolidation with mild downside bias is seen for another test of 1.1325-35 (38.2% Fibonacci retracement of 1.1144-1.1438 and Friday's low), break there would suggest top has possibly been formed at 1.1438 last[​IMG]

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