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ovidiu_andi
Mar 6, 2019 6:16 AM

EURGBP Short Bias Short

EUR/GBPOANDA

Description

EURGBP has recently broken its 0.86000 support level and, having been in the distribution phase for the previous 10 months now, we can expect it to move downwards, starting the decline phase. Be advised that this is a long term setup and we cand expect a couple of strong corrections on the way down.
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