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Trade Idea Wrap-up: EUR/USD - Sell at 1.0655

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 25, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The single currency ran into selling interest at 1.0689 and has dropped again, signaling recent decline has resumed and further weakness to 1.0555-60 would be seen, however, near term oversold condition should limit downside to 1.0530-35 (50% projection of 1.1073-1.0617 measuring from 1.0763) and price should stay above 1.0500 today,[​IMG]

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