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Trade Idea Update: EUR/USD - Sell at 1.1370

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has retreated after intra-day rise to 1.1345, reckon downside would be limited to 1.1303 support and near term upside risk remains for another corrective rise to 1.1349 (50% Fibonacci retracement of 1.1465-1.1234), however, reckon upside would be limited to 1.1370-75, bring retreat later, below said support[​IMG]

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