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

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

  1. Lily

    Lily Forum Member

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    As the single currency has risen again after finding renewed buying interest at 1.1024, suggesting the rebound from 1.0971 is still in progress and may extend gain towards previous resistance at 1.1190 but reckon upside would be limited to 1.1230-35 (61.8% Fibonacci retracement of 1.1428-1.0912), price should falter below 1.1270,[​IMG]

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