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Trade Idea Wrap-up: EUR/USD - Hold short entered at 1.0775

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 16, 2015.

  1. Lily

    Lily Forum Member

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    Although euro's recovery after holding above last week's low at 1.0674 suggests consolidation would be seen, reckon 1.0760-65 would cap upside and bring another decline later, below said support at 1.0674 would extend recent decline to 1.0650, however, loss of downward momentum should prevent sharp fall below 1.0610-15, bring rebound later.[​IMG]

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