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EURUSD Short Idea

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD is currently at a very strong resistance, presenting an opportunity for bears to open short positions on this pair. However, it should be noted that EURUSD is following along a supportive trendline, meaning the short position could be short lived. Traders who would like to go short can place a stop loss above the resistance zone, and target the supportive trendline as a first target. It would be safest to wait for a rejection at this zone before going short.

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