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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 5, 2016.

  1. Lily

    Lily Forum Member

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    The single currency has fallen again after meeting renewed selling interest at 1.0839, suggesting recent decline is still in progress and may extend he fall from 1.1060 to 1.0750 but oversold condition should limit downside to 1.0725-30 and reckon 1.0700 would hold from here, risk from there is seen for a rebound later.[​IMG]

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