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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite intra-day brief bounce to 1.1338, as the single currency has retreated after faltering below indicated resistance at 1.1350, retaining our view that further consolidation would be seen and weakness to 1.1255-60 cannot be ruled out, however, only break of 1.1223-27 (previous support, 61.8%Fibonacci retracement of 1.1131-1.1382 and intra-day low)[​IMG]

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