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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 26, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency has risen again after brief pullback on dollar's broad-based weakness after the release of US data and initial upside risk remains for gain to 1.1325-30 (61.8% Fibonacci retracement of 1.1399-1.1215), however, reckon upside would be limited to 1.1360-65 and price should falter well below last week's[​IMG]

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