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Wednesday, November 06, 2013

EURUSD Trading Idea 06.11.2013



EURUSD is consolidating between 1.3440 (lower low) and 1.3524 (higher high). The trading idea for today 6 Nov 2013 is to buy above 1.3529 putting stop loss at 1.3510 while taking profits at 1.3567. Breaking the resistance of 1.3524 will possibly lead the price above 100-SMA which is very close at the moment.

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