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Trade Idea Wrap-up: EUR/USD - Buy at 1.1265

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 10, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although euro's selloff from 1.1416 signals top has possibly been formed there and consolidation would be seen with initial downside risk for retracement of recent rise, reckon 1.1265 (50% Fibonacci retracement of 1.1114-1.1416) would limit downside and bring another rise later. Above 1.1365-70 would suggest the retreat from 1.1416 has[​IMG]

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