Thursday, April 9, 2015

Trade Idea Wrap-up: EUR/USD - Sell at 1.0800

As the single currency has fallen again after brief recovery and broke below indicated previous support at 1.0713 and bearishness remains for the decline from 1.1052 to extend further weakness to 1.0650 but near term oversold condition should limit downside to previous support at 1.0613 and reckon 1.0580-85



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