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MarketAlpha2
Feb 21, 2020 12:04 AM

EURCZK SHORT Short

EUR/CZKOANDA

Description

Price has been on a consistent downtrend and has just recently broken through a key support. Price has retraced back to the 50-61.8% fib zone in addition to hitting the 200EMA on the 4H in conjunction with the new creation of a lower high. I would like to see a strong rejection under the 200EMA in order to begin looking for shorts.
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