XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Trade Idea Wrap-up: EUR/USD - Exit short entered at 1.1120

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 9, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,828
    Likes Received:
    0
    Current rebound suggests near term upside risk has increased for the recovery from 1.1046 to bring retracement of the decline from 1.1234, hence further gain towards 1.1140 (50% Fibonacci retracement of 1.1234-1.1046) cannot be ruled out, however, reckon 1.1162 (Friday's high as well as 61.8% Fibonacci retracement) would limit upside[​IMG]

    Continue reading...
     

Share This Page

Trade indices Online