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EUR/USD is preparing for a big drop

Short
Euro / U.S. Dollar (FX:EURUSD)  
ramigz  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators
4
0
trendanalysis indicator
The pair hit the strong down-trend line that started to form since 2008 signalling a big sell-off may be on the way.
This signal was confirmed by the divergence between the price action and the MACD indicator.
A strong support area is around 1.1600
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