Tuesday, May 27, 2014

Trade Idea Wrap-up: EUR/USD - Hold long entered at 1.3630

Although the single currency has fallen again on dollar's broad-based strength and marginal weakness from here cannot be ruled out, loss of downward momentum should limit downside and bring rebound later, above intra-day resistance at 1.3669 would signal low is formed, bring retracement of recent decline to 1.3700 and later



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