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husylzy
Aug 1, 2019 3:16 PM

EUDGBP: Short Short

Euro Fx/British PoundFXCM

Description

The price once hit 0.98 level in December 2008, and on this Wednesday, it was rejected by 0.9190 which plotted the third points of the downtrend since December 2008.

Strong sell for me.

As for short term strategy, I will seek opportunity to sell at around 0.9130, as there is a sideways trend between 0.9095 and 0.9135.
Comments
Bullandbeartrading
I like your short analysis !
husylzy
@Bullandbeartrading, thanks! See how it goes
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