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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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EUR/SGD approaching 1st resistance, potential drop expected!

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Trading Recommendation

Entry: 1.56136

Reason for Entry: Horizontal overlap resistance, 50% Fibonacci retracement

Take Profit : 1.55405

Reason for Take Profit: Horizontal overlap support

Stop Loss: 1.56583

Reason for Stop loss: Horizontal overlap resistance

The material has been provided by InstaForex Company - www.instaforex.com