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Trade Idea Update: EUR/USD - Sell at 1.1060 or buy at 1.0920

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

  1. Lily

    Lily Forum Member

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    Although the single currency recovered after falling to 1.0964 and consolidation with initial upside bias is seen for retracement to 1.1055-60 (38.2% Fibonacci retracement of 1.1204-1.0964 and previous resistance), reckon 1.1080-85 (50% Fibonacci retracement) would hold and bring another decline, below 1.0980 would bring retest of 1.0964, then[​IMG]

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