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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 21, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the single currency has remained under pressure after resuming recent decline and near term downside risk remains for further weakness towards 1.1100-10, loss of downward momentum should prevent sharp fall below 1.1075 (1.618 times extension of 1.1327-1.1198 measuring from 1.1284) and reckon 1.1050 would hold[​IMG]

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