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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite intra-day brief rise to 1.1126, lack of follow through buying on break of previous resistance at 1.1120 and current retreat suggest further consolidation would be seen and test of the lower Kumo (now at 1.1057) is likely, however, as broad outlook is still consolidative, reckon downside would be limited[​IMG]

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