Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has slipped again and near term downside risk remains for the fall from 1.0970 to bring test of previous support at 1.0803, however, a sustained break below there is needed to signal the rebound from 1.0710 has ended at 1.0970, bring further fall towards 1.0771 but reckon 1.0750 would limit downside.[​IMG]

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