Tuesday, December 9, 2014

Trade Idea: EUR/USD - Hold long entered at 1.2365

As the single currency has retreated after faltering below previous resistance at 1.2456, suggesting consolidation below this level would be seen but reckon 1.2360-65 would contain downside and bring another rise later, a break of said resistance at 1.2456 would add credence to our view that temporary low



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