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Trade Idea Update: EUR/USD - Buy at 1.1200

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 18, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has retreated after rising to 1.1342, suggesting consolidation below this level would be seen and pullback to 1.1250 is likely, however, reckon 1.1200-05 would limit downside and the upper Kumo (now at 1.1186) should hold, bring another rise later. A break of said resistance at 1.1342[​IMG]

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