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Trade Idea Update: EUR/USD - Sell at 1.1200

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 23, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Euro's selloff below 1.1087 support adds credence to our view that early decline has resumed and although price has recovered from 1.1072, reckon upside would be limited to 1.1115-20 (38.% Fibonacci retracement of 1.1326-1.1072) and the Kijun-Sen (now at 1.1209) should hold, bring another decline. A break of said support[​IMG]

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