Thursday, October 30, 2014

Trade Idea Wrap-up: EUR/USD - Sell at 1.2680

Although the single currency fell briefly to 1.2547, lack of follow through selling on break of intra-day support and current rebound in NY opening after GDP data suggest consolidation above this level would be seen and recovery towards 1.2659-66 (current level of the Kijun-Sen and previous support) cannot be ruled



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