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Trade Idea Update: EUR/USD - Sell at 1.0610

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 30, 2015.

  1. Lily

    Lily Forum Member

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    Euro's recovery after holding above support at 1.0566 suggests further consolidation above this level would be seen, however, reckon the lower Kumo (now at 1.0619) would cap upside and bring another decline, below said support at 1.0566 would signal recent decline has resumed and extend weakness to 1.0530-35 (50% projection[​IMG]

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