Wednesday, July 30, 2014

Trade Idea Wrap-up: EUR/USD - Hold long entered at 1.3402

As euro's decline gathered momentum on dollar's broad-based strength after solid US data, suggesting near term downside risk remains marginal weakness from here and 1.3365-70 needs to hold for prospect of another rebound, above 1.3420-25 would suggest an intra-day low is possibly formed, bring test of resistance at 1.3445, above



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