Friday, November 1, 2013

Trade Idea: EUR/USD - Sell at 1.3630

As the single currency has remained under pressure after this week's selloff on dollar's broad-based strength, adding credence to our view that top has indeed been formed at 1.3833 last week and bearishness remains for correction of early upmove from 1.3105, indicated target at 1.3555 (38.2% Fibonacci retracement of 1.3105-1.3833)



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