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Trade Idea Update: EUR/USD - Sell at 1.0985

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 16, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Yesterday's retreat after brief rise to 1.1060 suggests top has been formed there and consolidation with downside bias is seen for retracement of recent rise to 1.0900, then 1.0875-80, however, near term oversold condition should limit downside to 1.0830-35 and support at 1.0796 should remain intact, bring rebound later.[​IMG]

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