Thursday, August 28, 2014

Trade Idea: EUR/USD - Hold long entered at 1.3170

As the single currency found support at 1.3153 yesterday and has staged a rebound since, retaining our view that further consolidation above this level would be seen with mild upside bias for retracement of recent decline to 1.3250 and possibly 1.3270, however, reckon resistance at 1.3297 would cap upside and



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