Trade Idea Wrap-up: EUR/USD - Hold short entered at 1.1195

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has rebounded in NY morning, retaining our view that further consolidation above last week's low at 1.1148 would be seen, however, reckon upside would be limited to 1.1200 (38.2% Fibonacci retracement of 1.1284-1.1148) and bring another decline later, below said support at 1.1148 would add credence[​IMG]

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