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Trade Idea : EUR/USD - Buy at 1.0650 or sell at 1.0810

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 12, 2015.

  1. Lily

    Lily Forum Member

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    Euro's rebound after finding support at 1.0706 has retained our view that further consolidation above this week's low at 1.0674 would be seen and test of resistance at 1.0790 cannot be ruled out, however, reckon 1.0810 (38.2% Fibonacci retracement of 1.1030-1.0674) would limit upside and bring another decline later. Below 1.0700 would bring retest of 1.0674[​IMG]

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