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ForexHood
Mar 12, 2019 6:23 PM

Medium-term downtrend Short

Euro Fx/British PoundFXCM

Description

The EUR/GBP has been in a strong downtrend since early January, Price has come to Role reversal level at 0.86550 level where we may need to see whether this level will place a hold on buyers and introduce sellers. My plan is to short this level but I wait for price confirmation.

Please remember RISK MANAGEMENT!
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