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Trade Idea Update: EUR/USD - Buy at 1.0850

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 14, 2016.

  1. Lily

    Lily Forum Member

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    Euro's retreat after intra-day rise to 1.0943 suggests consolidation would be seen and pullback to the Kijun-Sen (now at 1.0874) is likely, however, reckon 1.0850-54 would limit downside and bring another rise later, break of said intra-day resistance would bring retest of 1.0970 but break of this level is needed[​IMG]

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