Friday, August 29, 2014

Trade Idea: EUR/USD - Stand aside

Euro's retreat after meeting renewed selling interest at 1.3221 suggests downside risk remains for a retest of this week's low at 1.3153, however, only break there would confirm recent decline has resumed and extend weakness to 1.3130-35 (61.8% projection of 1.3297-1.3153 measuring from 1.3221) but downside should be limited to



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