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Trade Idea Update: EUR/USD - Stand aside

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite yesterday's brief fall to 1.1129, lack of follow through selling and the subsequent rebound suggest consolidation would be seen and recovery towards 1.1210-15 (38.2% Fibonacci retracement of 1.1349-1.1129) cannot be ruled out, however, break of resistance at 1.1243 is needed to confirm low has been formed there, bring retracement[​IMG]

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