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Trade Idea: EUR/USD - Sell at 1.1275

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 19, 2016.

  1. Lily

    Lily Forum Member

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    The single currency has dropped again on dollar's broad-based strength, suggesting recent selloff from 1.1616 top is still in progress and may extend further weakness to 1.1190 (100% projection of 1.1616-1.1358 measuring from 1.1447), then 1.1170, however, loss of near term downward momentum should prevent sharp fall below previous support at 1.1144[​IMG]

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