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Trade Idea Update: EUR/USD - Buy at 1.0860

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 4, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the single currency has retreated after intra-day brief rise to 1.0947, suggesting consolidation would be seen and downside risk remains for weakness to 1.0855-60, however, if our view that low has possibly been formed at 1.0827 is correct, downside would be limited and bring another rebound later, above 1.0920-25[​IMG]

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