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Trade Idea Wrap-up: EUR/USD - Sell at 1.1205

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 31, 2016.

  1. Lily

    Lily Forum Member

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    As the single currency has recovered after falling marginally to 1.1123, suggesting minor consolidation would be seen and recovery to 1.1175-80 cannot be ruled out, however, reckon 1.1206-08 (38.2% Fibonacci retracement of 1.1341-1.1123 and previous resistance) would limit upside and bring another decline later, below said support at 1.1123 would[​IMG]

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