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JFD_Research
Jul 12, 2018 11:55 AM

EURRUB - 240 - Just an idea here. Short

EURO / RUSSIAN RUBLEICE

Description

Trade Alert

We are currently seeing some sideways action within something that could be seen as a range between 71.60 and 74.30. The pair might stick around in that range for a bit, until it decides to break one of the sides.

Recently, ideally, we should wait for a break of one of the highlighted sides, in order to take a position, but because EURRUB continues to slide slowly, we could see another move a bit lower, towards the 71.60 zone.

Please see the chart for details.

Don't forget your SL.
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