Monday, November 3, 2014

Trade Idea: EUR/USD - Sell at 1.2565

As the single currency has recovered after falling to 1.2440, suggesting minor consolidation abvoe this level would be seen and corrective bounce to the Kijun-Sen (now at 1.2516) and possibly 1.2535-40 (50% Fibonacci retracement of 1.2632-1.2440) is likely, however, reckon 1.2565-70 (38.2% Fibonacci retracement of 1.2771-1.2440) would limit



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