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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has retreated after faltering below indicated previous resistance at 1.0947 and consolidation with mild downside bias is seen for weakness to the lower Kumo (now at 1.0793), break of support at 1.0771 is needed to signal the rebound from 1.0710 has ended at 1.0940, bring further fall to 1.0735-40 first.[​IMG]

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