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Trade Idea Wrap-up: EUR/USD - Buy at 1.1140

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 22, 2016.

  1. Lily

    Lily Forum Member

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    Euro's retreat from last week's high of 1.1342 suggests further consolidation below this level would be seen and initial downside risk remains for retracement to 1.1170, however, reckon 1.1140-45 (38.2% Fibonacci retracement of 1.0822-1.1342) and bring another rise later. Above 1.1285 would bring test of said resistance at 1.1342 but[​IMG]

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