Wednesday, October 1, 2014

Trade Idea: EUR/USD - Sell at 1.2690

Euro's recovery after yesterday's selloff to 1.2571 suggests minor consolidation would be seen and corrective bounce to previous support at 1.2664 cannot be ruled out, however, reckon 1.2697-1.2702 (38.2% Fibonacci retracement of 1.2901-1.2571 and minor resistance) would limit upside and bring another decline later. A break of said



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