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Trade Idea: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 27, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency retreated after yesterday's brief bounce to 1.1030 and weakness to 1.0970 cannot be ruled out, break of support at 1.0952 is needed to confirm the decline from 1.1165 has resumed and extend weakness towards previous support at 1.0912, however, oversold condition should prevent sharp fall below[​IMG]

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