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Trade Idea Wrap-up: EUR/USD - Buy at 1.1130

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 23, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has remained under near term pressure, retaining our view that near term downside risk remains for the fall from 1.1342 to bring retracement of recent rise and weakness to 1.1160 cannot be ruled out, however, reckon 1.1140-45 (38.2% Fibonacci retracement of 1.0822-1.1342) would limit downside and[​IMG]

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