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Trade Idea Update: EUR/USD - Sell at 1.1230

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 5, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency has risen again and near term upside risk remains for the erratic rise from 1.0971 to bring test of previous resistance at 1.1190 but reckon upside would be limited to 1.1230-35 (61.8% Fibonacci retracement of 1.1428-1.0912) and bring retreat later, below 1.1115-20 would bring test of[​IMG]

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