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Trade Idea Update: EUR/USD - Buy at 1.0825

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 5, 2015.

  1. Lily

    Lily Forum Member

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    Although the single currency rebounded after intra-day brief fall to 1.0834, reckon upside would be limited to 1.0897-00 and near term downside risk remains for recent decline to extend one more fall to 1.0825-30 (50% projection of 1.1387-1.0897 measuring from 1.1073), however, loss of downward momentum should prevent sharp fall[​IMG]

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