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Trade Idea: EUR/USD - Buy at 1.1265

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 10, 2016.

  1. Lily

    Lily Forum Member

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    Euro's selloff from 1.1416 suggests top has possibly been formed there and consolidation would be seen with initial downside risk for retracement of recent rise, however, reckon 1.1265 (50% Fibonacci retracement of 1.1114-1.1416) would limit downside and bring another rise later. Above 1.1365-70 would suggest the retreat from 1.1416 has ended, bring[​IMG]

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