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Trade Idea: EUR/JPY - Sell at 112.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 6, 2016.

  1. Lily

    Lily Forum Member

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    Euro's decline gathered momentum and broke below previous support at 111.38, adding credence to our bearishness and further decline to 110.50, then 110.25-30 would be seen, however, break of latter level is needed to signal recent downtrend has resumed and extend fall towards last month's low of 109.49 later.

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