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Trade Idea Wrap-up: EUR/USD - Sell at 1.0800

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 6, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has recovered after holding above yesterday's low at 1.0710, retaining our view that minor consolidation above this level would be seen and recovery to 1.0780 cannot be ruled out, however, reckon upside would be limited to 1.0800-05 (38.2% Fibonacci retracement of 1.0947-1.0710) and bring another decline,[​IMG]

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