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Trade Idea Wrap-up: EUR/USD - Buy at 1.1130

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 3, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has retreated after rising to 1.1234, retaining our view that consolidation below this level would be seen and pullback to previous support at 1.1154 is likely, however, reckon 1.1120-30 (previous resistance and 38.2% Fibonacci retracement of 1.0961-1.1234) would limit downside and bring another rise later, above[​IMG]

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