EUR/USD going to 1.33

EUR/USD going to 1.33

17 August 2015, 06:14
forexintel
1
122

Expect the eurusd price to take support near Thursday's low and go back up towards 1.17. Hence, entered another BUY order with 0.01 lot size as it would not make a big difference to the margin level, even if it continues to go down. A price retracement to 1.097 is due for some time now, as mentioned in one of my previous posts. As of now, expect it to happen next month. If it happens this week, then it could be the time to close the BUY orders and enter a SELL order.

 

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