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Trade Idea Wrap-up: EUR/USD - Buy at 1.1025

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 15, 2016.

  1. Lily

    Lily Forum Member

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    The single currency traded narrowly today and that further consolidation below last week's high of 1.1218 would be seen, initial downside risk remains for another corrective fall to 1.1065-70 (38.2% Fibonacci retracement of 1.0822-1.1218), however, reckon 1.1020-25 (50% Fibonacci retracement) would limit downside and bring another rise[​IMG]

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