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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has remained under pressure after meeting renewed selling interest at 1.1481 on Friday and near term downside risk remains for the fall from 1.1616 top to extend weakness to 1.1365-66 (50% projection of 1.1616-1.1386 measuring from 1.1481), loss of downward momentum should prevent sharp fall below[​IMG]

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