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Trade Idea : EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 12, 2016.

  1. Lily

    Lily Forum Member

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    Despite yesterday's brief breach of 1.1428-30, lack of follow through buying suggests further consolidation would take place and only break of last week's high at 1.1454 would confirm recent rise has resumed and extend gain to 1.1470-75 (50% projection of 1.1144-1.1438 measuring from 1.1326) and possibly towards 1.1500-10 (61.8% projection).[​IMG]

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