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Trade Idea: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 1, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency retreated after rising to 1.1412 yesterday, suggesting consolidation below this level would be seen and pullback to 1.1350 cannot be ruled out, however, reckon downside would be limited to the upper Kumo (now at 1.1328) and support at 1.1310 should hold ahead of US opening, bring another rise later.[​IMG]

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