Trade Idea Wrap-up: EUR/USD - Sell at 1.1275

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The single currency has recovered after falling to 1.1180, suggesting consolidation above this level would be seen and test of the Kijun-Sen (now at 1.1237) cannot be ruled out, however, reckon upside would be limited to 1.1265-75 (50% Fibonacci retracement of 1.1349-1.1180) and bring another decline later. A break of[​IMG]

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