KKTrader1

EURUSD sell

Short
FX:EURUSD   Euro / U.S. Dollar
5
As the FOMC has declared tapering before the market expected, we can see a turn in the dollar regime as FOMC begins to tighten their monetary policy. We see a perfect double top in the overextended EURUSD, as the year comes to an end we can expect people to reallocate out of the EUR and into the USD as FOMC projections are adjusted.
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