Wednesday, July 2, 2014

Trade Idea: EUR/USD - Buy at 1.3650

Euro's retreat after yesterday's brief rise to 1.3700 suggests minor consolidation would be seen and pullback towards the Ichimoku cloud bottom (now at 1.3654) cannot be ruled out before prospect of another rise, above said resistance would signal the erratic rise from 1.3503 low is still in progress for retracement



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