Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency slipped initially after solid NFP data, euro found support just above 1.1000 and has rebounded from 1.1002 probably due to weaker-than-expected unemployment rate, this move suggests further choppy trading would be seen and recovery to 1.1120 cannot be ruled out, however, reckon upside would be limited[​IMG]

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