As we Expected Level 115.70 limited further decline of the pair.
Long positions from this level are +90 pips.
It's recommended that some of the trading lot should be closed as the pair can face resistance at the current levels.
Area 116.00 - 116.20 can be a good area to add long positions again.
SL should be advanced to be placed below 115.40.
http://instaforex.com/forex_analysis/32944/?x=OUE
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