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Trade Idea Update: EUR/USD - Sell at 1.1120

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 8, 2016.

  1. Lily

    Lily Forum Member

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    Although the single currency recovered after Friday's post-NFP selloff to 1.1046 and consolidation above this level would be seen, reckon upside would be limited to 1.1114-18 (previous support and 38.2% Fibonacci retracement of 1.1234-1.1046) and bring another decline later, below said support at 1.1046 would extend the selloff from last[​IMG]

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