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Trade Idea Update: EUR/USD - Sell at 1.0980

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 22, 2015.

  1. Lily

    Lily Forum Member

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    Yesterday's strong rebound together with the breach of the upper Kumo suggests the fall from 1.1060 has ended and near term upside risk remains for the bounce from 1.0803 to bring a stronger retracement of this fall to 1.0960-65 (61.8% Fibonacci retracement of 1.1060-1.0803), however, reckon upside would be limited[​IMG]

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