Trade Idea Update: EUR/USD - Sell at 1.1080

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 14, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has retreated after meeting resistance at 1.1060 and retest of yesterday's low at 1.0985 cannot be ruled out, break there is needed to signal recent decline has once again resumed and extend weakness to 1.0950-60, however, near term oversold condition should prevent sharp fall below 1.0900-10,[​IMG]

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