Trade Idea Wrap-up: EUR/USD ? Stand aside

Trade Idea Wrap-up: EUR/USD ? Stand aside

<p>Despite intra-day resumption of upmove to 1.4036, as recent upmove is losing momentum, suggesting upside would be limited to 1.4047 (61.8% projection of 1.2860-1.3862 measuring from 1.3428), and the single currency is likely to meet resistance around 1.4065-70 (1.618 times projection of 1.3744-1.3890 measuring from 1.3833) and reckon 1.4100 would hold, bring correction later.</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/kpJvc9NlcaE" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Stand aside