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Trade Idea Update: EUR/USD - Sell at 1.0670

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 23, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Euro's intra-day breach of last week's low of 1.0617 signals recent decline is still in progress and may extend weakness to 1.0580-85 (61.8% projection of 1.1073-1.0674 measuring from 1.0831), then towards 1.0550-55, however, near term oversold condition should prevent sharp fall below latter level and price should stay above previous[​IMG]

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