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Trade Idea Update: EUR/USD - Buy at 1.1300

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 9, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has retreated after intra-day marginal rise to 1.1416, suggesting consolidation below this level would be seen and pullback to n1.1327-39 support area would be seen, however, reckon downside would be limited to 1.1300-05 (38.2% Fibonacci retracement of 1.1114-1.1416) and bring another rise later. Above said resistance[​IMG]

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