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Trade Idea Update: EUR/USD - Sell at 1.1275

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 20, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has recovered after falling to 1.1180 yesterday, retaining our view that consolidation above this level would be seen and corrective bounce to 1.1245 (38.2% Fibonacci retracement of 1.1349-1.1180) cannot be ruled out, however, reckon upside would be limited to 1.1265-75 (50% Fibonacci retracement) and bring another[​IMG]

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