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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 24, 2016.

  1. Lily

    Lily Forum Member

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    Although current break of said last week's low at 1.1180 confirms recent decline from 1.1616 top has resumed and may extend weakness to 1.1155-60 (50% projection of 1.1349-1.1180 measuring from 1.1243), then test of previous support at 1.1144, however, loss of momentum should prevent sharp fall below 1.1100-10[​IMG]

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