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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 1, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although euro's breach of 1.1173 resistance (yesterday's high) suggests a temporary low has been formed at 1.1098 earlier this week and upside risk remains for gain to 1.1185-90 (100% projection of 1.1098-1.1173 measuring from 1.1114), however, reckon upside would be limited to 1.1207-17 (1.236 times projection and previous resistance) and price should falter below[​IMG]

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