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Trade Idea Update: EUR/USD - Sell at 1.1095

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

  1. Lily

    Lily Forum Member

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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 1.1050 and possibly 1.1070 (38.2% Fibonacci retracement of 1.1351-1.0897), however, reckon upside would be limited to resistance at 1.1096 and bring another decline[​IMG]

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