Sunday, February 2, 2014

Trade Idea: EUR/USD - Sell at 1.3570

Last week's late selloff together with the breach of previous support at 1.3508 signal early fall from 1.3894 top has resumed and bearishness is seen for further weakness to 1.3450-60 and possibly towards 1.3430, however, near term oversold condition should prevent sharp fall below latter level and reckon previous key



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