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Trade Idea Wrap-up: EUR/USD - Sell at 1.0925

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 18, 2015.

  1. Lily

    Lily Forum Member

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    Euro's recovery after yesterday's fall to 1.0803 (just held above previous support at 1.0796) suggests consolidation above this level would be seen and test of the lower Kumo (now at 1.0889) cannot be ruled out, however, upside should be limited to 1.0932-35 (61.8% Fibonacci retracement of 1.1012-1.0803 and current level[​IMG]

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