Thursday, June 26, 2014

Trade Idea: EUR/USD - Stand aside

Although yesterday's rise above previous resistance at 1.3643 on dollar's broad-based weakness suggests near term upside risk remains for the erratic rise from 1.3503 to extend gain towards previous resistance at 1.3677, as broad outlook is still consolidative, reckon upside would be limited to 1.3700 and price should falter well



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