Friday, October 4, 2013

Trade Idea: EUR/USD - Buy at 1.3570

As the single currency has retreated after rising to 1.3646 yesterday, minor consolidation is in store and pullback to 1.3585-90 cannot be ruled out, however, reckon the lower Kumo (now at 1.3564) would limit downside and bring another rise later, above said resistance would extend recent upmove for further gain



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