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Trade Idea Update: EUR/USD - Sell at 1.1070

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has recovered after intra-day fall to 1.0985, suggesting consolidation above this level would be seen and recovery to 1.1040-45 cannot be ruled out, however, reckon 1.1065-70 (38.2% Fibonacci retracement of 1.1205-1.0985) would limit upside and bring another decline later. Below said support at 1.0985 would extend[​IMG]

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