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Trade Idea Update: EUR/USD - Sell at 1.1065

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the single currency has continued to edge higher, suggesting near term upside risk remains for the rebound from 1.0897 (this week's low) to extend gain to 1.1040-50, however, reckon upside would be limited to 1.1070 (38.2% Fibonacci retracement of 1.1351-1.0897) and bring another decline later, below 1.0925 would bring[​IMG]

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