Tuesday, October 1, 2013

Trade Idea Update: EUR/USD - Hold long entered at 1.3520

Despite intra-day resumption of upmove to 1.3589, lack of follow through buying on break of previous resistance at 1.3569 and current retreat has deferred our bullishness and 1.3525-30 needs to hold to retain prospect of another rise, above said intra-day resistance would extend recent upmove to 1.3610-15 (1.618 times projection



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