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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 11, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency retreated after meeting resistance at 1.1428, suggesting further consolidation below last week's high of 1.1454 would be seen and another corrective fall to 1.1326-36 (previous support and 38.2% Fibonacci retracement of 1.1144-1.1454) cannot be ruled out, however, break there is needed to revive near term bearishness[​IMG]

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