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Trade Idea Update: EUR/USD - Hold short entered at 1.1195

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 20, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has rebounded again today in European morning, suggesting caution on our short position entered at 1.1195 but as long as 1.1216 (50% Fibonacci retracement of 1.1284-1.1148 as well as current level of the upper Kumo) holds, bearishness remains for another decline later, below 1.1165-70 would signal[​IMG]

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