MTBigsky

Six Month Consolidation Likely Resolves Lower

Short
FX:EURUSD   Euro / U.S. Dollar
Most likely this 6 month consolidation of the EURUSD resolves lower in favor of the established downtrend.
A potential low risk, high reward trade would be shorting EURUSD here with a stop placed above the prior highs.
Mitigating risk and swimming downstream along with trend.

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