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Trade Idea Update: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 30, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has rebounded after finding good support at 1.1098 late last week, suggesting consolidation above this level would be seen and recovery towards the lower Kumo (now at 1.1173) cannot be ruled out, however, reckon upside would be limited to 1.1200 and price should falter below resistance[​IMG]

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