Friday, April 17, 2015

Trade Idea Update: EUR/USD - Buy at 1.0730

The single currency has surged again after finding renewed buying interest at 1.0625 yesterday, suggesting near term bullishness remains for the erratic rise from 1.0520 (this week's low) to bring a strong retracement of recent decline and gain to 1.0835-40 (61.8% Fibonacci retracement of 1.1036-1.0520), then 1.0850 would be seen,



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