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Trade Idea Wrap-up: EUR/USD - Sell at 1.0730

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 17, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    The single currency has remained under pressure after current anticipated resumption of decline, adding credence to our bearish view for recent fall to extend weakness to 1.0630-35 (50% projection of 1.1073-1.0674 measuring from 1.0831) and possibly 1.0600, however, loss of downward momentum should prevent sharp fall below 1.0580-85 (61.8% projection)[​IMG]

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