Tuesday, August 26, 2014

Trade Idea: EUR/USD - Sell at 1.3260 or buy at 1.3140

Euro's recovery after intra-day marginal fall to 1.3179 suggests consolidation would be seen and recovery to the upper Kumo (now at 1.3240) cannot be ruled out, however, reckon 1.3260-65 would limit upside, bring another decline later, a break of said support would extend recent decline to 1.3150-55 (50% projection of



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