Wednesday, April 15, 2015

Trade Idea: EUR/USD - Hold long entered at 1.0620

As euro has retreated after rising to 1.0707 yesterday, suggesting consolidation would be seen, however, reckon the upper Kumo (now at 1.0602) would limit downside and bring another rebound later, above 1.0660-65 would bring test of said resistance at 1.0707 but break of this yesterday's high is needed



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