Monday, April 13, 2015

Trade Idea : EUR/USD - Sell at 1.0675

Although current break of Friday's low at 1.0568 confirms recent decline has once again resumed and further weakness to 1.0550 would be seen, loss of downward momentum should prevent sharp fall below 1.0510-15 (1.618 times projection of 1.1036-1.0803 measuring from 1.0887) and reckon 1.0500 would hold on first testing, price



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