F1T

Retrace Could Confirm Trend Change

OANDA:EURUSD   Euro / U.S. Dollar
Price could fly north Monday as far as I know, but I would enjoy a nice retrace to the 1.1050's. The only concern I have is that the majority of retail might be eyeing the same action. This would mean that price could plunge through 1.1050, wrecking retail longs, or it never gets there, for the same reason.

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