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Trade Idea Wrap-up: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 6, 2015.

  1. Lily

    Lily Forum Member

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    Current selloff below previous support at 1.0809 after NFP signals recent downtrend has resumed and further weakness to 1.0700-05 (61.8% projection of 1.1495-1.0897 measuring from 1.1073) would be seen, below would extend fall to 1.0670-75, however, near term oversold condition should limit downside to 1.0650, risk from there is seen[​IMG]

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