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Trade Idea Wrap-up: EUR/USD - Buy at 1.0650 or sell at 1.0810

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 11, 2015.

  1. Lily

    Lily Forum Member

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    The single currency found support at 1.0674 yesterday and rebounded, suggesting consolidation would be seen and test of resistance at 1.0790 cannot be ruled out, however, reckon 1.0810 (38.2% Fibonacci retracement of 1.1030-1.0674) would limit upside and bring another decline later. Below 1.0700 would bring retest of 1.0674[​IMG]

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