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Trade Idea Update: EUR/USD - Sell at 1.1240

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 9, 2016.

  1. Lily

    Lily Forum Member

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    Current selloff below indicated support at 1.1240 and 1.1229 adds credence to our view that top has been formed at 1.1327 yesterday and consolidation with downside bias is seen for further weakness to previous resistance at 1.1183, then 1.1169, however, reckon support at 1.1139 would limit downside and price should stay above[​IMG]

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