Tuesday, April 1, 2014

Trade Idea: EUR/USD - Sell at 1.3845

Current rebound has retained our view that near term upside risk remains for the corrective rise from 1.3705 low to bring retracement of recent decline towards 1.3836-45 (50% Fibonacci retracement of 1.3967-1.3705 and previous resistance) where renewed selling interest should emerge and bring another decline. Below 1.3760-65 would bring test



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