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Trade Idea Update: EUR/USD - Sell at 1.1320

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 14, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has remained under pressure after this week's selloff, suggesting the decline from 1.1465 top is still in progress ad may extend weakness towards 1.1200-10 (1.618 times projection of 1.1465-1.1346 measuring from 1.1401), however, oversold condition should prevent sharp fall below 1.1170-75 and reckon 1.1150 would hold[​IMG]

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