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Trade Idea Wrap-up: EUR/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 16, 2015.

  1. Lily

    Lily Forum Member

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    Although euro's retreat after yesterday's initial rise to 1.1060 suggests top has possibly been formed there and consolidation with downside bias is seen, break of 1.0900 is needed to add credence to this view, bring retracement of recent rise to 1.0875-80, however, near term oversold condition should limit downside to[​IMG]

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