Wednesday, April 30, 2014

Trade Idea: EUR/USD - Hold short entered at 1.3830

Although the single currency has recovered after intra-day fall to 1.3797 and minor consolidation is in store, reckon upside would be limited to 1.3828-30 (38.2% Fibonacci retracement of 1.3879-1.3797) and bring another decline later, below said support would bring test of last week's low of 1.3785, however, break there is



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