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Trade Idea Update: EUR/USD - Sell at 1.0630

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 25, 2015.

  1. Lily

    Lily Forum Member

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    The single currency ran into selling interest at 1.0689 and has dropped again, signaling recent decline has resumed and further weakness to 1.0555-60, however, near term oversold condition should limit downside to 1.0530-35 (50% projection of 1.1073-1.0617 measuring from 1.0763) and price should stay above 1.0500, risk from there has[​IMG]

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