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Trade Idea : EUR/USD - Sell at 1.0655

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 26, 2015.

  1. Lily

    Lily Forum Member

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    The single currency rebounded after falling to 1.0566 yesterday suggests consolidation above this level would be seen, however, the upper Kumo (now at 1.0654) should limit upside and bring another decline later, below said support at 1.0566 would extend recent decline to 1.0530-35 (50% projection of 1.1073-1.0617 measuring from 1.0763)[​IMG]

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